MT WASHINGTON PORTFOLIO FOR SALE


Pittsburgh, PA - Mount Washington
$3,500,000 USD
216-777-2156
, Pittsburgh, PA for Sale
$3,500,000 USD
FOR SALE
1/13
null | 7.22% Cap Rate

MT WASHINGTON PORTFOLIO
Pittsburgh, PA
Mount Washington


HIGHLIGHTS

  • Enticing unit mix of (2) Studios, (7) 1BD units, (1) 2BD units, and (5) 3BD units.
  • One unfinished unit for value-add component
  • Development upside- rare opportunity to own 7 parcels directly next to each other
  • A large, concrete, reinforced with steel, 16-car garage that is rented out both to tenants and others
  • A Quadplex with two retail spaces on the bottom plus an attached two-car garage
  • 21 decks, many of them recently redone with composite decking, with an outstanding view of the city, the Mon River, and Emerald View Park

OVERVIEW

Exciting Investment Opportunity in a prime location! Matthews Real Estate Investment Services is happy to list an enticing mix of units in this well-positioned portfolio featuring (2) studios, (7) one-bedroom apartments, (1) two-bedroom unit, and (5) three-bedroom residences; one of which is unfinished for a value-add component. This rare offering includes seven adjacent parcels, providing development upside. Step outside to experience stunning views from any of the 21 decks, many of them recently replaced with composite decking. Enjoy breathtaking views of the city, daily sunrises, the Mon River, and Emerald View Park. The portfolio boasts a large, reinforced concrete garage accommodating up to 16 vehicles, currently generating rental income from both tenants and the surrounding community. Additionally, enjoy the benefits of a quadplex that features two retail spaces on the ground level, with an attached two-car garage. Nine parcels located on Wyoming Street and within walking distance to the famous Monongahela Incline, Shiloh Street Shops, Grandview Ave, and a large Shop n’ Save grocery store. This property blends convenience and charm. Don’t miss out on this rare and attractive investment opportunity! 71-83 Wyoming St 349 Wyoming St 361 Wyoming St Broker of Record Kyle Matthews License No. RB068831 (PA) (866) 889-0550 Matthews Real Estate Investment Services, Inc. 1600 West End, Ste. 1500 Nashville, TN 37203

ASK ABOUT THIS PROPERTY

Dante DeFrankMatthews Real Estate Investment ServicesMore Info
216-777-2156

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Dante DeFrankMatthews Real Estate Investment ServicesMore Info
216-777-2156

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