756 Airbrake Ave Wilmerding, PA 15148
This exceptional investment opportunity presents two buildings situated on a single 0.1-acre parcel in Wilmerding, PA. The primary structure, constructed in 1998, boasts two ground-floor retail spaces and two unfinished, but framed and partially plumbed, two-bedroom apartments on the second floor. One retail space is a former takeout restaurant, the "Airbrake Grill," complete with a commercial kitchen and a code-compliant ANSUL hood system. The second retail space is unfinished but framed and partially plumbed for a potential coin-operated laundry. The apartments above also share this unfinished, yet framed and partially plumbed, state. A second building, located at 759 Middle Ave., is a three-bedroom brick residential property with an attached garage. This property is currently vacant. The combined properties offer significant potential for rental income generation. The address for the main building is 756 Airbrake Ave. The asking price for this unique dual-building investment is $250,000. This presents a rare chance to acquire a substantial property with considerable upside in a growing area. The existing infrastructure in both buildings provides a solid foundation for a savvy investor to complete renovations and maximize rental income. This is an ideal opportunity for an investor seeking a multi-faceted portfolio addition with immediate income potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.