Log In/Sign Up
Your email has been sent.
1500 Fallowfield Ave 15 Unit Apartment Building $1,900,000 ($126,667/Unit) 7.31% Cap Rate Beechview, PA 15216
EXECUTIVE SUMMARY
SVN | Three Rivers Commercial Advisors is pleased to present this 15 Unit apartment building located in the Beechview neighborhood of Pittsburgh. Attractive unit mix of (13) 2BR's and (1) 1BR and (1) studio. The units have separate gas and electric and central AC. Property is located in Beechview, which has been undergoing a revitalization over the past couple years. The building is only a block from the T Station and 3 miles from Downtown Pittsburgh. Opportunity to continue renovations to increase rents to market levels.
PROPERTY FACTS
| Price | $1,900,000 | Apartment Style | Low-Rise |
| Price Per Unit | $126,667 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 7.31% | Building Size | 10,050 SF |
| No. Units | 15 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1920 |
| Zoning | C | ||
| Price | $1,900,000 |
| Price Per Unit | $126,667 |
| Sale Type | Investment |
| Cap Rate | 7.31% |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 10,050 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1920 |
| Zoning | C |
AMENITIES
UNIT AMENITIES
- Heating
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | 500 |
| 1+1 | 4 | - | 695 |
| 2+1 | 10 | - | 700 - 850 |
1 1
PROPERTY TAXES
| Parcel Number | 0035-C-00020-0000-00 | Improvements Assessment | $345,000 |
| Land Assessment | $75,000 | Total Assessment | $420,000 |
PROPERTY TAXES
Parcel Number
0035-C-00020-0000-00
Land Assessment
$75,000
Improvements Assessment
$345,000
Total Assessment
$420,000
1 of 51
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1500 Fallowfield Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.