For Sale
$399,000

420 Brownsville RdPittsburgh, PA 15210

Seven-unit building, excellent investment.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 7-unit apartment building in Pittsburgh, PA presents a compelling investment opportunity. Located at 420 Brownsville Road, 15210, this three-story, Class B building boasts 2,500 square feet on a 2,500 square foot lot (APN: 0033-C-00149-0000-00). Constructed in 1935 and renovated in 2021, the property features separate gas and electric meters for each unit, enhancing tenant convenience and potentially increasing profitability. Each of the seven units includes a refrigerator, stove/oven, and its own furnace. First-floor units benefit from added security with metal gates. The basement offers additional storage space, potentially generating supplemental income. The building enjoys a prime location near public transportation (major bus line) and is within walking distance of various amenities, including grocery stores, restaurants, and churches. With an occupancy date of September 16, 2023, and a permitted mixed zoning classification, this property offers immediate income potential and long-term growth prospects. The asking price is $399,000 ($57,000 per unit, $159.60 per square foot). All information is believed to be accurate but should be independently verified.

Highlights

  • High tenant demand, resulting in consistently strong occupancy.
  • Minimal capital improvements required.
  • Exceptional location with over 382,000 residents within a 5-mile radius.
  • Excellent accessibility via public transportation and proximity to amenities.

Property Details for 420 Brownsville Rd

Property type
Apartment buildings
Square Feet
2,500 SF
Class
B
Year Built/Renovated
1935/2021
Buildings
1
Stories
3
Units
7

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.412947
Longitude
-79.9894
420 Brownsville Rd, Pittsburgh, Pennsylvania

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420 Brownsville Rd
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