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    OFF-MARKET
    Commercial real estate

    4119 Rosalia Pl, Pittsburgh, PA 15207

    Property ID
    US73-5807866
    Property summary
    AI-generated overview

    This four-unit apartment building in Pittsburgh's desirable Greenfield neighborhood presents a compelling value-add investment opportunity. Located just two blocks from public transit and minutes from major roadways (I-376), the Waterfront, Squirrel Hill, hospitals, and universities, this property boasts an excellent location. The building features ample off-street parking, a significant advantage in this area. The unit mix includes a 3-bedroom, 2-bathroom unit currently rented for $1000 per month plus utilities; a gutted 3-bedroom, 2-bathroom unit ready for renovation; a 2-bedroom, 1-bathroom unit renting for $1120 per month plus utilities (vacant by the end of November); and a 1-bedroom, 1-bathroom unit renting for $790 per month plus electric. The seller has already completed substantial updates and installed new mechanical systems, leaving the finishing touches for the buyer. Three of the four units are currently occupied, with below-market rents, offering immediate cash flow and significant upside potential. The property is zoned R1D-M and sits on a lot with ample off-street parking. The asking price is $490,000. This is a perfect opportunity for investors or house hackers seeking a property with strong rental income and significant renovation potential. All tenants are on month-to-month leases, and the owner currently pays water and sewage for all units.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US73-5807866
    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
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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