Cash Flow Investment Property East Pittsburgh

Exceptional opportunity to acquire a high cash-flow mixed-use investment property with significant upside potential. This income-producing building comprises monthly room rentals together with commercial units, offering multiple revenue streams and the opportunity to substantially increase income through improved occupancy. The three-story, 20,000 sq ft property contains 42 units, including 38 monthly room rentals and four commercial spaces. Currently operating at approximately 89% occupancy, 32 room rentals are occupied, while additional income can be generated by leasing the remaining rooms and vacant commercial units. One commercial space is occupied by Hollywood Show Bar, and the sale includes the bar and its equipment, with the option to purchase them separately. The property previously held a hotel liquor license, and the room rental configuration provides operational flexibility. Generating a current Net Operating Income of $156,882 with excellent upside to a projected NOI of $214,000, this property presents a compelling opportunity for investors seeking strong returns. The current manager may also be available to remain with the business, subject to negotiation, ensuring a smooth transition for a new owner. Enquire today to learn more about this outstanding investment opportunity.