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39 Wagner StCarnegie, PA 15106

High-Occupancy Multifamily Investment

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional value-add investment opportunity comprises a 45-unit multifamily portfolio strategically located across 15 buildings in ten desirable Pittsburgh neighborhoods. The portfolio includes 42 residential units and 3 commercial units, offering a diverse and resilient income stream with 97% occupancy. The properties consist of a mix of apartment buildings, mixed-use properties, and single-family homes, providing flexibility for various investment strategies. Building ages and renovation dates vary across the portfolio. The portfolio's diverse asset mix and unit types facilitate multiple exit strategies, allowing investors to capitalize on market fluctuations. Many properties feature designated driveway or garage parking, while abundant on-street parking is available throughout. This portfolio presents a compelling opportunity to gain immediate market presence in multiple Pittsburgh submarkets, benefiting from the city's competitive rental market. The properties are situated in Allegheny County, Pennsylvania, with addresses spanning various zip codes including 15106, 15108, 15146, 15205, 15210, 15212, 15214, 15224, and 15229. The portfolio's strong occupancy rate and diverse asset mix make it an attractive investment for those seeking a stable and potentially high-growth opportunity in the Pittsburgh real estate market. The buildings range from one to three stories.

Highlights

  • Prime locations in desirable neighborhoods.
  • Strong immediate market penetration.
  • 97% occupancy rate.
  • Ample on-street parking available.
  • Designated driveway and/or garage parking (most units).
  • Diverse exit strategies available.

Property Details for 39 Wagner St

Property type
Mixed-use properties, Residential income homes
Buildings
15
Stories
3
Units
45

Location Insight

City
Carnegie
County
Allegheny
State
Pennsylvania
Latitude
40.412157903381
Longitude
-80.093482539732
39 Wagner St, Carnegie, Pennsylvania

FAQs

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39 Wagner St
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