554-560 Bigelow Street, 4405-4407 McCaslin St | 554 Bigelow St
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554-560 Bigelow Street, 4405-4407 McCaslin St 554 Bigelow St
6 Unit Apartment Building $900,000 ($150,000/Unit) 6.92% Cap Rate Pittsburgh, PA 15207
Investment Highlights
- Location Location Location
Executive Summary
Prime Investment opportunity to purchase 6 Townhouses! Four (4) townhouses are 3 bedrooms with 1 bath and Two(2) townhouses are 2 bedroom with 1 bath. Located near Squirrel Hill, CMU, Pitt, The Waterfront, and Mill 19 in Hazelwood. Off-street parking, Laundry in units, and all utilities are separately metered and tenant pays.
Property Facts
| Price | $900,000 | Building Class | C |
| Price Per Unit | $150,000 | Lot Size | 0.52 AC |
| Sale Type | Investment | Building Size | 5,709 SF |
| Cap Rate | 6.92% | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1976/2020 |
| Property Subtype | Apartment | Parking Ratio | 1.75/1,000 SF |
| Apartment Style | Low Rise | Opportunity Zone |
Yes
|
| Price | $900,000 |
| Price Per Unit | $150,000 |
| Sale Type | Investment |
| Cap Rate | 6.92% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 5,709 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1976/2020 |
| Parking Ratio | 1.75/1,000 SF |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 4 | $1,100 | - |
| 2+1 | 2 | $1,100 | - |
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PROPERTY TAXES
| Parcel Number | 0055-G-00282-0000-00 | Improvements Assessment | $446,000 |
| Land Assessment | $57,100 | Total Assessment | $503,100 |
PROPERTY TAXES
Parcel Number
0055-G-00282-0000-00
Land Assessment
$57,100
Improvements Assessment
$446,000
Total Assessment
$503,100
zoning
| Zoning Code | R1D-M (R1D-M) |
| R1D-M (R1D-M) |
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554-560 Bigelow Street, 4405-4407 McCaslin St | 554 Bigelow St
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