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33310127
33310106

152 South Fairmount Street, Pittsburgh, PA 15206

Nulf Real Estate
DN
RB069382
Dustin Nolf
Listed by Nulf Real Estate, Dustin Nolf
$730,000
2 days on market
Updated 2 days ago

152 South Fairmount Street

Details
Property Type Retail
Cap Rate 8.61%
NOI $62,818
Tenancy Multi
Year Built 1900
Acreage 0.170
Zoning C5-19
Ground Lease No
Sale Condition N/A

Prime East End location with off-street parking

Marketing description

Opportunity is knocking! Your next big investment opportunity is here. Resting among the beautiful and grand home architecture on a tree-lined street in Friendship Park, this property is ready for your portfolio. This building consists of seven 1-bedroom, 1-bathroom units along 4 floors of living space. There's off-street parking for 8 cars in the rear of the building and on-site coin-op laundry. All units are currently rented, and the tenants pay electric. Whether it's the proximity to downtown, the universities, or everything East End, including dining, shopping, entertainment, and public transit, this location could not be more perfect.

Investment highlights

Prime location, professionally managed building, off street parking, on-site laundry. Potential for value add.

Listing Contacts

Nulf Real Estate
DN
RB069382
Dustin Nolf
Listed by Nulf Real Estate, Dustin Nolf

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$62,818.00
$5,234.83/mo

Valuation Metrics

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DSCR
8.61%
Cap Rate
8.61%
ROI

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