708 S Negley Ave
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708 S Negley Ave
6 Unit Apartment Building Offered at $1,300,000 at a 5.98% Cap Rate in Pittsburgh, PA 15232
Investment Highlights
- LOCATION! In the Heart of Shadyside's Hotspots Keeping it Fully Rented Year Round!
- Off Street Garage Parking! Outdoor Spaces: Porches & Large Yard! Additional Storage Area!
- ALSO! Close to Universities, Hospitals and Entertainment Venues in the East End, Oakland and Downtown Areas!
- Old World Charm with Modern Amenities!
Executive Summary
LOCATION! This one time mansion transformed into a 6-unit apartment building in the heart of Shadyside is steps away from both Walnut Street's and Ellsworth Aveue's shopping and dining hot spots as well as close to universities, hospitals and entertainment venues in the East End, Oakland and Downtown areas. The building has maintained the old world charm of decorative mantels and fireplaces while integrating modern day amenities which keep it fully rented year round. The apartment building also boasts, outdoor spaces , increasingly important to tenants now, including the large backyard, front porch and side porch area. Off-street parking is also available in the 4-car garage, also fully rented. There is additional storage above the garage and in the basement. Additional features include hardwood flooring and tiled flooring; large light and bright rooms; 2 new kitchens and 1 newly redone bathroom; newly redone laundry room; security mailboxes and automatic hallway lighting. 3- 1BDR, 1- 2BDR, Studio, Efficiency
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | $99,999 | $9.99 |
Vacancy Loss | $99,999 | $9.99 |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2022) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Vacancy Loss | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Unit Amenities
- Dishwasher
- Fireplace
- Washer/Dryer
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Carpet
- Yard
- Attic
- Basement
- Lawn
- Smoke Free
Site Amenities
- 24 Hour Access
- Fenced Lot
- Laundry Facilities
- Smoke Free
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+1 | 1 | $1,275 | - |
1+1 | 3 | $1,100 | - |
Studios | 2 | $750.00 | - |
1 of 1
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (71)
Bike Score ®
Very Bikeable (87)
PROPERTY TAXES
Parcel Number | 0084-N-00058-0000-00 | Total Assessment | $294,600 (2024) |
Land Assessment | $170,300 (2024) | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $124,300 (2024) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
0084-N-00058-0000-00
Land Assessment
$170,300 (2024)
Improvements Assessment
$124,300 (2024)
Total Assessment
$294,600 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022
zoning
Zoning Code | Comm Apt over 4 units (Commercial: Apartments over 4 units) |
Comm Apt over 4 units (Commercial: Apartments over 4 units) |
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708 S Negley Ave
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