For Sale
$4,400,000

5128 Butler St Pittsburgh, PA 15201

High-Yield Investment: 25 Units, 10.34% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity presents a diverse portfolio of 25 rental units in Pittsburgh, PA. Comprising 16 properties, the portfolio includes 11 single-family homes, 3 duplexes, 1 triplex, and 1 five-unit building, strategically located throughout the city. The portfolio generates a substantial net operating income (NOI) of $455,092, yielding an attractive 10.34% capitalization rate. The asking price is $4,400,000, translating to approximately $169,230.77 per unit. This Class B multifamily portfolio offers a blend of short-term and long-term rental properties, providing a diversified income stream and significant potential for future appreciation. The properties are situated at various locations within Pittsburgh, offering exposure to a range of rental markets. This is an ideal opportunity for investors seeking a strong return on investment in a thriving urban market. The portfolio's diverse property types and established rental income make it a compelling investment proposition. Detailed financial statements and property-specific information are available upon request. This portfolio represents a rare opportunity to acquire a substantial, income-producing multifamily asset in a desirable location.

Highlights

  • Exceptional 25-unit multifamily portfolio in Pittsburgh, PA.
  • Portfolio comprises 16 properties: 11 single-family homes, 3 duplexes, 1 triplex, and 1 five-unit building.
  • Strong NOI of $455,092, yielding a 10.34% cap rate.
  • Asking price: $4,400,000 ($169,231 per unit).
  • Class B properties offering a mix of short and long-term rentals.

Property Details for 5128 Butler St

Property type
Residential income homes
Class
B
Units
26

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.4790594
Longitude
-79.9550093

FAQs

What type of property is this?
Residential income home - High-Yield Investment: 25 Units, 10.34% Cap Rate
Where is the residential income home located?
The property is located at 5128 Butler St Pittsburgh, PA.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: Exceptional 25-unit multifamily portfolio in Pittsburgh, PA.; Portfolio comprises 16 properties: 11 single-family homes, 3 duplexes, 1 triplex, and 1 five-unit building.; Strong NOI of $455,092, yielding a 10.34% cap rate.
How can I contact the broker?
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5128 Butler St
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