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908-914 Island Ave. 904-914 Island Ave

16 Unit Apartment Building For Sale Mckees Rocks, PA 15136

Investment Highlights

  • 15 minutes from Downtown Pittsburgh
  • Prime access to I-79 & I-376
  • Plenty of on-street parking
  • Walking distance to local shops, eateries, and entertainment.
  • Value add opportunity

Executive Summary

Colliers is pleased to present the opportunity to acquire 16 units at 908-914 Island Ave in one of Pittsburgh’s historic neighborhoods McKees Rocks. McKees Rocks is a high barrier to entry market surrounded by Pittsburgh’s world class education, culture, and region’s top talent. Many of these properties sit in the heart of McKees Rocks and is within walking distance to all the shopping, dining, and entertainment unique to this neighborhood. With the property located in McKees Rocks, this opportunity provides an investor the opportunity to gain immediate scale in the market. Many of the units could be easily improved to a more modern aesthetic which would allow the new owner to raise rents. Updated fixtures, common area and exterior upgrades to enhance the façade would make these units stand out even more in an extremely competitive rental market.

Data Room Click Here to Access

Property Facts

Sale Type Investment
Sale Conditions Bulk/Portfolio Sale
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.19 AC
Building Size 10,000 SF
Average Occupancy 69%
No. Stories 4
Year Built 1901
Opportunity Zone Yes

Unit Amenities

  • Cable Ready
  • Refrigerator
  • Carpet

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 16 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0074-J-00085-0000-00
Land Assessment
$32,000
Improvements Assessment
$204,000
Total Assessment
$236,000
  • Listing ID: 32656802

  • Date on Market: 8/1/2024

  • Last Updated:

  • Address: 904-914 Island Ave, Mckees Rocks, PA 15136

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