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Property profile & analytics
OFF-MARKET
Commercial real estate

401 Aiken Ave Pittsburgh, PA 15232

16,443 SF
Property ID
US73-0530419
Property summary
AI-generated overview

This exceptional investment opportunity presents an 18-unit apartment building portfolio ideally situated in Pittsburgh's desirable Friendship Park neighborhood. The portfolio comprises two meticulously maintained buildings, each encompassing nine units, totaling 16,443 square feet on a combined 16,500 square foot lot. The buildings' back-to-back configuration streamlines management, enhancing efficiency and minimizing operational complexities. The unit mix includes nine studios, eight one-bedroom units, and a single two-bedroom carriage house. The property benefits from a prime location, offering convenient access to a vibrant array of entertainment, shopping, and dining options. 401 S Aiken Ave features a sizable backyard, presenting potential for expansion or the creation of additional off-street parking. While the owner currently covers all utilities, tenants contribute a monthly fee to offset expenses. This well-maintained property presents a compelling investment prospect in a highly sought-after area. The buildings are strategically positioned for simplified management and offer significant potential for future growth and value appreciation. The property is located at 401 S Aiken Ave, Pittsburgh, PA 15232. The asking price for this exceptional portfolio is $2,750,000.

Property profile
Verified
Property type Commercial real estate
Total area 16,443 SF
UPID US73-0530419
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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