For Sale
$450,000

2508 18Th StPittsburgh, PA 15203

Profitable Investment Opportunity: Fully Rented

Overview

Added:
Feb 3
Days on market:
60
This exceptional six-unit apartment building, located at 2508 S 18th St in Pittsburgh, Pennsylvania, presents a compelling investment opportunity. Priced at $450,000, the property sits on a 0.1-acre lot and offers immediate cash flow due to its 100% occupancy rate. All six units are currently leased, with leases that are easily renewable, providing a stable income stream for the new owner. Each unit has separately metered gas and electric services, simplifying utility management and billing for both tenants and the landlord. A convenient coin-operated laundry facility is located in the basement, offering an additional revenue stream. While street parking is available, tenants are responsible for providing their own window air conditioning units. This turnkey property is ideal for an investor seeking a low-maintenance, high-return investment in a thriving Pittsburgh neighborhood. The current owner is downsizing their portfolio, presenting a unique opportunity to acquire a well-maintained and consistently profitable multi-family property. The property's strong occupancy rate and straightforward lease terms make it an attractive investment with minimal vacancy risk. This is a rare chance to acquire a fully rented, six-unit building in a desirable location, offering immediate returns and long-term growth potential. Serious inquiries are encouraged.

Property Details for 2508 18Th St

Property type
Apartment buildings
Year Built
1900
Lot Size (sq. ft)
4,356 SF

Location Insight

City
Pittsburgh
County
Allegheny-South
State
Pennsylvania
Latitude
40.4218
Longitude
-79.98429
2508 18Th St, Pittsburgh, Pennsylvania

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2508 18Th St
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