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1117-1119 Spring Garden Ave 6 Unit Apartment Building $775,000 ($129,167/Unit) Pittsburgh, PA 15212
INVESTMENT HIGHLIGHTS
- Easy commute to downtown
- 2 garage spots that could be rented as well
- no lawn care
EXECUTIVE SUMMARY
Fully occupied 6 unit building with central AC, assigned parking spots, all new furnaces, all new hot water tanks, new gas lines, and more. Each unit has fresh paint, new flooring, new windows, and great layouts. 5 units are 1 bed, 1 bathroom, with the last unit being 2 bed, 1 bath. There are 2 garage spots for potential additional income, but they are in need of some work. Tenants pay for gas and electric.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $775,000 | Building Class | C |
| Price Per Unit | $129,167 | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 5,468 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1876 |
| Apartment Style | Low-Rise | Parking Ratio | 1.6/1,000 SF |
| Zoning | R1A-H, R1A-M | ||
| Price | $775,000 |
| Price Per Unit | $129,167 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 5,468 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1876 |
| Parking Ratio | 1.6/1,000 SF |
| Zoning | R1A-H, R1A-M |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Heating
- Range
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
1 1
Walk Score®
Very Walkable (70)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 0024-F-00187-0000-00 | Total Assessment | $246,900 (2025) |
| Land Assessment | $20,700 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $226,200 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
0024-F-00187-0000-00
Land Assessment
$20,700 (2025)
Improvements Assessment
$226,200 (2025)
Total Assessment
$246,900 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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1117-1119 Spring Garden Ave
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