1309 E Carson St 4,188 SF 100% Leased Retail Building Pittsburgh, PA 15203 $550,000 ($131.33/SF) 8% Cap Rate

This stately brick building in the heart of the Southside has a commercial space on the first floor, 1 three bedroom apartment, and 1 two or three bedroom apartment (depending on configuration) above, providing the opportunity for consistent cash flow. Many updates have been made by the current owners, including two new furnaces, two new A/C condensers, a partial new roof, hot water tanks, backflow preventer, and more, including cosmetic updates throughout. The superb location offers high visibility and traffic for the commercial tenant and puts residential tenants within walking distance of downtown as well as countless bars, restaurants and stores in the popular Southside business district. Gas and electric are split and tenants pay all utilities except for water.