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29077757
29077758

5106-5108 2nd Avenue, Pittsburgh, PA 15207 For Sale

JS
PA PA RS.318016, PA
Agresti Real Estate
Listed by Agresti Real Estate
$350,000
201 days on market
Updated 121 days ago
Opportunity zone

5106-5108 2nd Avenue

Details
Property Type Retail, Multifamily (+2)
Sub Type Restaurant, Apartment Building (+2)
Square Footage 8,426
Units 3
NOI $62,447
Year Built 1920
Stories 4
Acreage 0.090
Zoning C
Parking Spaces 6 spaces
Parking per 1,000 SqFt 0.71
Investment Type Owner/User

Retail | 8,426 SqFt

Marketing description

Looking to find a brighter future for this property! 8,426 sq/ft of prime commercial real estate is available in Pittsburgh’s Hazelwood neighborhood! 3 TOTAL UNITS! Formerly a funeral home, this versatile building offers a spacious layout ideal for a continued funeral service, office use, restaurant, or many other business concepts (buyer responsible for zoning/use approval). An industrial-grade elevator sits right off an existing space at the back of the building. That space can be converted into an commercial kitchen potentially. The property also includes two residential units above the commercial level. The updated, larger unit offers 5 bedrooms, 3 full baths, a generous kitchen, a balcony, and abundant common space over 2 stories. The second unit features 2 bedrooms, 1 full bath, a balcony, and sizeable common space over 2 stories. There is great potential for an owner-occupant or income-producing setup. This is a flexible investment with strong future possibilities!

Investment highlights


Listing Contacts

JS
PA PA RS.318016, PA
Agresti Real Estate
Listed by Agresti Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$62,447.00
$5,203.92/mo

Valuation Metrics

0
DSCR
17.84%
Cap Rate
17.84%
ROI

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Additional Information

Name
Jake Scheloske
License
PA RS.318016
Brokerage
Agresti Real Estate
Title
VP of Sales
Brokerage Address
2635 West 26th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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