500-650 Middle Ave | Wilmerding, PA 15148
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- LoopNet Team
500-650 Middle Ave
Wilmerding, PA 15148
26 Unit Multifamily Portfolio · Multifamily Property For Sale
·
26 Units
INVESTMENT HIGHLIGHTS
- Turnkey portfolio yielding an 11% + Cap Rate at List Price.
- The current ownership has completed $350-400k in capital expenses
- Tenants are responsible for their own utility bills
- Opportunity to purchase a portfolio of 26 units, with a mix of market and S8 tenants.
- All properties are located nearby on Middle and Airbrake Avenue in Wilmerding
- Owner willing to enter into an agreement to continue handling service and maintenance at the properties after the sale
PROPERTY FACTS
| No. Units | 26 | Lot Size | 0.70 AC |
| Property Type | Multifamily | Building Size | 40,797 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Townhome | Year Built | 1970 |
| Building Class | C |
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.70 AC |
| Building Size | 40,797 SF |
| No. Stories | 2 |
| Year Built | 1970 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,100 | Total Assessment | $1,100 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,100
Improvements Assessment
$0
Total Assessment
$1,100
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