This Multifamily Property is For Sale.

734 Franklin Ave
Wilkinsburg, PA 15221 ·

6 Units · Multifamily For Sale

$320,000

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734 Franklin Avenue

Price $320,000 Property Sub-type Garden/Low-Rise
No. Units 6 Property Use Type Investment
Building Size 7,305 SF Cap Rate 9.98%
Price/Unit $53,333.33 Lot Size 7,400 SF
Property Type Multifamily APN / Parcel ID 0176-H-00038-0000-0
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Listing ID: 20077613 Date Created: 12/01/2016 Last Updated: 01/27/2017

Description

SVN | TRCA is pleased to present 734 Franklin Ave. for sale. The property is is located in Wilkinsburg Borough, just a couple blocks off of Penn Ave, the main commercial corridor. It is close to public transportation, restaurants, and shopping. The building consists of (5) large apartments. Opportunity to increase revenues by finishing the 6th unit or leasing as storage or retial. Landlord pays all utilities except hot water. All 3BR / 1000 SF + units

Located in Wilkinsburg, Allegheny County, PA.

Highlights

  • The building has been very well maintained by long term ownership
  • (3) of the units have been recently renovated with new bathrooms, flooring, etc.
  • Very large units with rents averaging around $1,000 per month
  • Solid brick building with appealing 19th/ early 20th century architecture

Research

734 Franklin Ave, Wilkinsburg, PA 15221 (Allegheny County)

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