Listed by Coldwell Banker Commercial
$899,000
1111 Overland Avenue
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,474
Cap Rate 7.80%
NOI $70,529
Price per SqFt $120
Year Built 1960
Year Renovated 2020
Buildings 13
Multifamily | 7.80% CAP
Marketing description
1111 Overland Avenue is being Offered for Sale at an 8% Cap Rate. This Property is conveniently located just off of Route 837 near Kennywood in close proximity to the Kennywood Shops, Hoffman Boulevard and the Waterfront Shopping District. This Turnkey 11 Unit Investment offers Central Air Conditioning, On Site Coin Op Laundry, On Site Tenant Storage , Intercom Door Lock System, Master Key System and an Elevator. Features include Newer Roof, Separate Water Meters, Front and Back Stairwells and Remodeled, Modernized Apartments. This Building has: 9- One Bedroom Apartments, One Efficiency and One 3 Bed , 2 Bath Apartment.
Listing Contacts
Listed by Coldwell Banker Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$70,529.00
$5,877.42/mo
Valuation Metrics
0
DSCR
7.85%
Cap Rate
7.85%
ROI
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