1 Pennridge Ct
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1 Pennridge Ct
19 Unit Apartment Building $1,600,000 ($84,211/Unit) Pittsburgh, PA 15235
Investment Highlights
- This well-maintained complex in Penn Hills offers streamlined management ensuring property value and potential long-term appreciation.
- For tenants, Penn Hills offers dedicated off-street parking, and on-site laundry facilities, ensuring tenant satisfaction.
Executive Summary
This meticulously maintained complex offers streamlined management with all units on one level, reducing operational costs. Dedicated off-street parking enhances tenant satisfaction and property value. On-site laundry facilities provide an additional revenue stream while catering to residents' convenience. Located in the Penn Hills area, close to amenities and major roadways, ensuring sustained demand and potential long-term appreciation. Don't miss this investment in Pittsburgh's thriving rental market.
Property Facts Under Contract
| Price | $1,600,000 | Building Class | C |
| Price Per Unit | $84,211 | Lot Size | 1.00 AC |
| Sale Type | Investment | Building Size | 7,600 SF |
| No. Units | 19 | Average Occupancy | 85% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1957/2020 |
| Apartment Style | Low Rise | Parking Ratio | 2.5/1,000 SF |
| Price | $1,600,000 |
| Price Per Unit | $84,211 |
| Sale Type | Investment |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 7,600 SF |
| Average Occupancy | 85% |
| No. Stories | 1 |
| Year Built/Renovated | 1957/2020 |
| Parking Ratio | 2.5/1,000 SF |
Unit Amenities
- Air Conditioning
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 19 | - | - |
PROPERTY TAXES
| Parcel Number | 0539-F-00286-0000-00 | Improvements Assessment | $364,500 |
| Land Assessment | $108,000 | Total Assessment | $472,500 |
PROPERTY TAXES
Parcel Number
0539-F-00286-0000-00
Land Assessment
$108,000
Improvements Assessment
$364,500
Total Assessment
$472,500
zoning
| Zoning Code | Commercial |
| Commercial |
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