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2844 Louisiana Ave 3 Unit Apartment Building $295,000 ($98,333/Unit) Pittsburgh, PA 15216
Investment Highlights
- Recent renovations to front decks
- 2 of 3 furnaces replaced within last 7 years
- Easy access to public transit and Dormont business district
- Roof replaced within last 10 years
- Additional space in rear which could be used for parking
- Coin op laundry on site
Executive Summary
SVN Three Rivers Commercial Advisors is pleased to present 2844 Louisiana Ave in Dormont. This triplex presents a great value add opportunity by way of increasing rents to market rate and adding additional income via parking fees and utility bill backs. The building is made up of three 1BD/1BA units. Tenants are responsible for their own gas and electric while landlord covers water/sewer and trash.
Property Facts
| Price | $295,000 | Apartment Style | Low-Rise |
| Price Per Unit | $98,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.60 AC |
| No. Units | 3 | Building Size | 2,904 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1918 |
| Price | $295,000 |
| Price Per Unit | $98,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.60 AC |
| Building Size | 2,904 SF |
| No. Stories | 3 |
| Year Built | 1918 |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Good public transit
70/100
Fairly bikeable
40/100
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2844 Louisiana Ave
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