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Executive Summary

Remarks
Excellent investment opportunity featuring an income-producing commercial property currently zoned for and operating as a 3/4 recovery house. This well-maintained solid brick building combines durable construction with significant recent capital improvements, including a brand-new roof, owned solar panels, two new boilers, two new air conditioning condensers, and all new windows—providing substantial long-term value while minimizing future capital expenditures. Ideally located with convenient access to major roadways, public transportation, and nearby amenities, the property is well-positioned for continued operation or potential alternative commercial uses, subject to zoning and municipal approval. Buyer is responsible for independently verifying all property details, zoning, permitted uses, measurements, financial information, income, expenses, and any lease or occupancy information.

Property Facts

Sale Type Investment
Sale Condition Bulk/Portfolio Sale
No. Units 1
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 4,300 SF
No. Stories 3
Year Built 1930
Parking Ratio 2.33/1,000 SF
Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
0176-C-00129-0000-00
Land Assessment
$20,000
Improvements Assessment
$80,000
Total Assessment
$100,000
  • Listing ID: 41230099

  • Date on Market: 7/9/2026

  • Last Updated:

  • Address: 512 Franklin Ave, Pittsburgh, PA 15221

Contact the Sale Advisor

512 Franklin Ave

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