168 19Th StPittsburgh, PA 15203

The Canoe Building, located at 168 S 19th St, Pittsburgh, PA 15203, presents a unique investment opportunity. This Class A, three-unit apartment building boasts a highly desirable location within a super regional apartment submarket, close to major universities and benefiting from excellent demographics. Currently 100% occupied, this stabilized investment offers a strong pro-forma NOI of $68,000 and a 5.67% cap rate. The asking price is $1,200,000, translating to $400,000 per unit. The property is well-maintained and includes a convenient parking lot. This luxury apartment building represents a compelling opportunity for investors seeking a stable, high-performing asset in a prime Pittsburgh location. The building's superior condition and strong occupancy rate contribute to its exceptional financial performance. Its strategic location ensures consistent demand and long-term value appreciation. This is a rare chance to acquire a turnkey, high-quality multifamily property in a thriving market.