Lincoln Terrace
Multifamily | 26 Units
Marketing description
SVN TRCA is pleased to present this 26 Unit Apartment Complex located in Bellevue, PA, a desirable Pittsburgh neighborhood located approximately 10 minutes from downtown Pittsburgh. Lincoln Terrace is located at 25 S Starr Ave., and offers (26) identical 1BR units. The building comes with a small surface parking lot in the front, an attached parking garage, laundry facilities, and plenty of common green space. Tenants pay electric (includes heat) and the landlord pays water, sewage, trash.
The current owners have made several upgrades to the building including, but not limited to, upgrading most of the units (flooring, paint, kitchens, etc.), masonry work, and roof upgrades. There is still plenty of room to add value by upgrading an increasing rents in the remaining units and or utilizing the indoor parking garage and charging parking rent.
Lincoln Avenue, in Bellevue was ranked No. 6 on the USA Today 10 Best Readers' Choice list of best main streets.
For more information and to inquire about the property visit: http://properties.svn.com/LincolnTerrace-sale
Investment highlights
- Brick apartment complex located in the popular Bellevue neighborhood
- Value Add opportunity through increasing rents to market rate
- Walking distance to dining, shopping, and entertainment
- Indoor and outdoor parking for tenants convenience
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