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29980563
29980597

70 S 12th St, Pittsburgh, PA 15203 For Sale

NG
PA PA RS327854
Arbors Management, Inc
Listed by Arbors Management, Inc
$499,900
142 days on market
Updated 2 days ago

70s 12th Street. Pittsburgh, PA 15203

Details
Property Type Mixed Use, Multifamily (+2)
Sub Type Apartment Building, Traditional Office
Square Footage 4,122
Units 3
Cap Rate 9.02%
NOI $45,085
Occupancy 100%
Price per SqFt $121
Buildings 1
Zoning LNC
Investment Type Owner/User
Ground Lease No

Mixed Use | 9.02% CAP | 4,122 SqFt

Marketing description

Fantastic opportunity in the heart of Pittsburgh's most popular business districts, Southside. Super walkable and convenient location makes this the perfect spot for your business. This building is well suited for a live/work situation or a great income producing asset! The first two floors are offices with their own bathrooms. The first floor office has a large conference or reception area with big tall front windows, a second large office or conference room, a third office and a kitchenette. The second floor has five more offices and it's own bathroom. The third floor serves as a residential luxury 1 bedroom apartment with luxury full bathroom as well as another half bath, and a private rooftop deck! Makes a great place to live, rent, or Airbnb. Each floor has separate utilities (Electric and gas), separate furnaces, and separate a/c units. One water/sewer for the building. Lots of upgrades at this well maintained property make it ready for it's next owner!

Listing Contacts

NG
PA PA RS327854
Arbors Management, Inc
Listed by Arbors Management, Inc

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$45,085.00
$3,757.08/mo

Valuation Metrics

0
DSCR
9.02%
Cap Rate
9.02%
ROI

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Additional Information

Name
Nicholas Griffith
License
PA RS327854
Brokerage
Arbors Real Estate, LLC
Brokerage Phone
8447272677
Brokerage Address
1670 Golden Mile Highway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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