711 Cubbage St - Apartments FOR SALE


Carnegie, PA 15106
$1,999,999 USD
412-999-7339
711 Cubbage St, Carnegie, PA for Sale
$1,999,999 USD
Apartments - FOR SALE
1/54
null | 6.55% Cap Rate

711 Cubbage St
Carnegie, PA 15106


HIGHLIGHTS

  • 100% occupied

OVERVIEW

Beautiful 24-unit multifamily property located close to Pittsburgh, PA. Very strong rental market area. Rents are currently well below market. Raise rents do a little final polishing and enjoy huge equity return and increased cashflow. There are 2 identical buildings. 22 identical 1 bedroom 1 bath apartments. 1 smaller 1 bed 1 bath and 1 efficiency. Onsite laundry with owned machines adds to cashflow. Low maintenance dox plank buildings.

FOR SALE DETAILS

PRICE

$1,999,999 USD

PRICE/SF

$108 USD /SF

# OF UNITS

24

PRICE/UNIT

$83,333

CAP RATE

6.55%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

711 Cubbage St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1976

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

commercial

APN/PARCEL ID

0103-n-00300

ASK ABOUT THIS PROPERTY

David SimpsonTriumph One LLCMore Info
412-999-7339

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David SimpsonTriumph One LLCMore Info
412-999-7339

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.