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Income Producing Residential Portfolio In Allegheny County

Allegheny County, PA, USA
Listed 79 days ago

Excellent opportunity to acquire an income-producing portfolio of 11 residential units plus a vacant mixed-use commercial building across five established communities in Allegheny County, Pennsylvania. Fully occupied on the residential side, this diversified portfolio offers immediate cash flow together with significant value-add potential through the lease-up of the commercial property. The portfolio comprises 11 buildings totaling approximately 14,500 sq ft, with residential properties located in Wilkinsburg, Pitcairn, Wilmerding, East McKeesport, and Clairton. The residential portfolio is 100% occupied and generates annual gross rental income of $145,500 with a reported Net Operating Income of $113,860. Tenant-paid utilities help maintain predictable operating expenses while the geographic diversification reduces reliance on any single market. A key opportunity exists at the vacant 4,900 sq ft mixed-use commercial building at 500 Saint Clair Avenue, offering substantial upside through leasing or redevelopment. The portfolio benefits from strong regional rental demand supported by Pittsburgh's major employers, including UPMC, Carnegie Mellon University, and the University of Pittsburgh, while convenient access to I-376 and Route 30 enhances tenant appeal across all locations. This portfolio presents an outstanding opportunity for investors seeking immediate income, diversified assets, and long-term value appreciation through active asset management. Contact us today for further information.

Real Estate

Real Property Included

Planning Consent

Residential / Mixed-Use.

Premises Details

Portfolio comprising 11 buildings totaling approximately 14,500 sq ft, including 11 occupied residential rental units and one vacant mixed-use commercial building located across five Allegheny County communities.

Expansion Potential

Significant value-add opportunity through leasing the vacant 4,900 sq ft mixed-use commercial property at 500 Saint Clair Avenue. Projected rental growth also provides additional long-term income potential.

Size In Square Feet

14,500 sq ft

Competition / Market

Located across established residential rental markets with consistent tenant demand within the Pittsburgh metropolitan area.

Living Accommodation

11 residential rental units.

Financials

Asking Price
$1.5M
RevenueMost Recent Year
$146K
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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