3 Locations

Colliers is pleased to present the opportunity to acquire 8 adjacent individually deeded Townhomes on 47th Street, Modoc Way, and Plummer Street. Located in Pittsburgh’s most popular neighborhood, these townhomes provide the unique opportunity for an investor to acquire 8 adjacent townhomes in Lawrenceville. Lawrenceville is an emerging tech-centric economy, in close proximity to globally renowned educational institutions, and surrounded by nationally recognized healthcare industries. Current ownership has implemented a renovation program that has successfully achieved $200+ rental premiums. The portfolio has 3 unrenovated units remaining that give a potential buyer the opportunity to follow the current owner’s successful renovation program to increase the NOI of the portfolio. These attributes, in combination with a broader market poised for sustained economic growth and expanding market fundamentals, secures this portfolio’s position as a highly sought after investment opportunity.