For Sale
$1,540,000

1101 Broadway Ave East McKeesport, PA 15035

Prime East McKeesport Multifamily Investment

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents Broadway Manor Apartments, a 26-unit multifamily property located at 1101 Broadway Ave, East McKeesport, PA 15035. The property comprises two buildings totaling 19,554 square feet, constructed in 1964. The unit mix includes a desirable combination of eight studio apartments and eighteen one-bedroom apartments, catering to a diverse range of tenants. Residents enjoy the convenience of covered off-street parking, eliminating the challenges of street parking. On-site coin-operated laundry facilities add to the property's appeal and generate supplemental income. The property's location offers easy access to public transportation, with a bus stop conveniently situated just one block away. Furthermore, its proximity to Downtown Pittsburgh (approximately 13 miles southeast) provides residents with convenient access to employment centers, cultural attractions, and other amenities. This well-maintained property presents a strong cash flow potential and represents a compelling investment opportunity in a growing market. The asking price for this multifamily complex is $1,540,000. This is a rare opportunity to acquire a well-positioned, income-generating asset in Allegheny County.

Highlights

  • 26-unit multifamily property featuring 8 studios and 18 one-bedroom units.
  • On-site covered parking.
  • Convenient location, one block from a bus stop.
  • Easy access to Downtown Pittsburgh, approximately 13 miles southeast.

Property Details for 1101 Broadway Ave

Property type
Apartment buildings
Square Feet
19,554 SF
Year Built
1964
Buildings
2
Units
26

Location Insight

City
East McKeesport
County
Allegheny
State
Pennsylvania
Latitude
40.3826839
Longitude
-79.8107227

FAQs

What type of property is this?
Apartment building - Prime East McKeesport Multifamily Investment
Where is the apartment building located?
The property is located at 1101 Broadway Ave East McKeesport, PA.
What is the asking price?
The asking price for this property is $1,540,000.
What are key features of this property?
This property features: 26-unit multifamily property featuring 8 studios and 18 one-bedroom units.; On-site covered parking.; Convenient location, one block from a bus stop.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1101 Broadway Ave
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