11 Linshaw AvePittsburgh, PA 15205

Property Details for 11 Linshaw Ave

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 15-unit apartment building, located at 11 S Linshaw Ave, Pittsburgh, PA 15205, presents a compelling investment opportunity. The Class B property boasts 14 two-bedroom and 1 one-bedroom unit, all meticulously maintained. Tenants are responsible for gas and electric, minimizing operational expenses for the owner. The building features desirable amenities including off-street parking, laundry facilities, and balconies. A new roof was installed in 2023, and all mechanical systems are in excellent working order. The property's exceptional condition is a testament to the long-term ownership (over 20 years) and commitment to upkeep. Its prime location adjacent to the Crafton-Ingram Shopping Center provides unparalleled convenience for residents, with nearby retailers such as Giant Eagle, Planet Fitness, and Dollar Tree. The property benefits from its proximity to the highly-rated Montour School District, ranked 9th best in Western PA by niche.com. The asking price is $1,220,625, representing a price per unit of $81,375. The current NOI is $68,985, with a pro-forma NOI of $110,213, yielding a current cap rate of 5.65% and a pro-forma cap rate of 9.03%. This turnkey investment offers significant upside potential in a thriving Pittsburgh submarket. The all-brick building is exceptionally clean, neat, and orderly, making it an attractive and low-maintenance investment.

Location Insight

City

Pittsburgh

County

Allegheny

State

Pennsylvania

Latitude

40.4416

Longitude

-80.0732

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].