420 Brownsville Rd Pittsburgh, PA 15210
This exceptional 7-unit apartment building in Pittsburgh, PA presents a compelling investment opportunity. Located at 420 Brownsville Road, 15210, this three-story, Class B building boasts 2,500 square feet on a 2,500 square foot lot (APN: 0033-C-00149-0000-00). Constructed in 1935 and renovated in 2021, the property features separate gas and electric meters for each unit, enhancing tenant convenience and potentially increasing profitability. Each of the seven units includes a refrigerator, stove/oven, and its own furnace. First-floor units benefit from added security with metal gates. The basement offers additional storage space, potentially generating supplemental income. The building enjoys a prime location near public transportation (major bus line) and is within walking distance of various amenities, including grocery stores, restaurants, and churches. With an occupancy date of September 16, 2023, and a permitted mixed zoning classification, this property offers immediate income potential and long-term growth prospects. The asking price is $399,000 ($57,000 per unit, $159.60 per square foot). All information is believed to be accurate but should be independently verified.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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