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2600-2602 Brownsville Rd
Pittsburgh, PA 15227
Retail Property For Sale
Executive Summary
Income producing property with a mix of apartments and storefronts in a high traffic area! This building features 2 Retail Storefronts/Offices at street level and 4 - 1 Bedroom/1Bath apartments on the 2nd floor. The basement contains an abundance of extra storage as well as 2 sets of Coin-Op washer and dryers for an additional income stream. The 2 retail storefronts have tenants in place until late this year with the option to renew. Two of the apartments upstairs have long term tenants and the other two are recently renovated and ready for new tenants at a higher price point. Electric is separately metered. Landlord pays Gas, Water and Sewage. Excellent investment potential for investors seeking a stable income producing asset!
All information is deemed reliable but not guaranteed and should be independently verified by buyers. Apt 3 has been recently renovated and is vacant. Apt 2 is vacant and is in the process of being renovated with the same finishes as Apt 3. The other units are all tenant occupied and require at least a 24 hour notice to show. Storefront 2 is the left storefront and storefront 1 is the right storefront. Sewer line replaced in 2024. Please call/e-mail Amanda Clarke to set up a showing or request additional information 412-722-8151, AClarke@riverpointrealty.com.
All information is deemed reliable but not guaranteed and should be independently verified by buyers. Apt 3 has been recently renovated and is vacant. Apt 2 is vacant and is in the process of being renovated with the same finishes as Apt 3. The other units are all tenant occupied and require at least a 24 hour notice to show. Storefront 2 is the left storefront and storefront 1 is the right storefront. Sewer line replaced in 2024. Please call/e-mail Amanda Clarke to set up a showing or request additional information 412-722-8151, AClarke@riverpointrealty.com.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,260 SF
Building Class
C
Year Built/Renovated
1906/2024
Price
$499,500
Price Per SF
$153.22
Cap Rate
8.73%
NOI
$43,589
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
1.07
Lot Size
0.07 AC
Zoning
LNC - Mixed Use
Parking
4 Spaces (0.61 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
Property Taxes
| Parcel Number | 0094-N-00067-0000-00 | Improvements Assessment | $196,000 |
| Land Assessment | $20,700 | Total Assessment | $216,700 |
Property Taxes
Parcel Number
0094-N-00067-0000-00
Land Assessment
$20,700
Improvements Assessment
$196,000
Total Assessment
$216,700
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