MT WASHINGTON PORTFOLIO
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MT WASHINGTON PORTFOLIO
3 Properties Offered at $3,500,000 in Pittsburgh, PA
Investment Highlights
- Enticing unit mix of (2) Studios, (7) 1BD units, (1) 2BD units, and (5) 3BD units.
- Development upside- rare opportunity to own 7 parcels directly next to each other
- A Quadplex with two retail spaces on the bottom plus an attached two-car garage
- One unfinished unit for value-add component
- A large, concrete, reinforced with steel, 16-car garage that is rented out both to tenants and others
- 21 decks, many of them recently redone with composite decking, with an outstanding view of the city, the Mon River, and Emerald View Park
Executive Summary
Exciting Investment Opportunity in a prime location!
Matthews Real Estate Investment Services is happy to list an enticing mix of units in this well-positioned portfolio featuring (2) studios, (7) one-bedroom apartments, (1) two-bedroom unit, and (5) three-bedroom residences; one of which is unfinished for a value-add component.
This rare offering includes seven adjacent parcels, providing development upside. Step outside to experience stunning views from any of the 21 decks, many of them recently replaced with composite decking. Enjoy breathtaking views of the city, daily sunrises, the Mon River, and Emerald View Park. The portfolio boasts a large, reinforced concrete garage accommodating up to 16 vehicles, currently generating rental income from both tenants and the surrounding community.
Additionally, enjoy the benefits of a quadplex that features two retail spaces on the ground level, with an attached two-car garage.
Nine parcels located on Wyoming Street and within walking distance to the famous Monongahela Incline, Shiloh Street Shops, Grandview Ave, and a large Shop n’ Save grocery store. This property blends convenience and charm. Don’t miss out on this rare and attractive investment opportunity!
71-83 Wyoming St
349 Wyoming St
361 Wyoming St
Broker of Record
Kyle Matthews
License No. RB068831 (PA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc.
1600 West End,
Ste. 1500 Nashville, TN 37203
Matthews Real Estate Investment Services is happy to list an enticing mix of units in this well-positioned portfolio featuring (2) studios, (7) one-bedroom apartments, (1) two-bedroom unit, and (5) three-bedroom residences; one of which is unfinished for a value-add component.
This rare offering includes seven adjacent parcels, providing development upside. Step outside to experience stunning views from any of the 21 decks, many of them recently replaced with composite decking. Enjoy breathtaking views of the city, daily sunrises, the Mon River, and Emerald View Park. The portfolio boasts a large, reinforced concrete garage accommodating up to 16 vehicles, currently generating rental income from both tenants and the surrounding community.
Additionally, enjoy the benefits of a quadplex that features two retail spaces on the ground level, with an attached two-car garage.
Nine parcels located on Wyoming Street and within walking distance to the famous Monongahela Incline, Shiloh Street Shops, Grandview Ave, and a large Shop n’ Save grocery store. This property blends convenience and charm. Don’t miss out on this rare and attractive investment opportunity!
71-83 Wyoming St
349 Wyoming St
361 Wyoming St
Broker of Record
Kyle Matthews
License No. RB068831 (PA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc.
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
| Price | $3,500,000 | Number of Properties | 3 |
| Price / SF | $350.84 / SF | Individually For Sale | 0 |
| Cap Rate | 7.22% | Total Building Size | 9,976 SF |
| Sale Type | Investment | Total Land Area | 0.21 AC |
| Status | Active |
| Price | $3,500,000 |
| Price / SF | $350.84 / SF |
| Cap Rate | 7.22% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 9,976 SF |
| Total Land Area | 0.21 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 361 Wyoming St, Pittsburgh, PA 15211 | Retail | 5,000 SF | 1987 | - |
| 71 Wyoming St, Pittsburgh, PA 15211 | Multifamily | 976 SF | 1900 | - |
| 349 Wyoming St, Pittsburgh, PA 15211 | Retail | 4,000 SF | 1900 | - |
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Dante DeFrank -
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Matthews Real Estate Investment Services
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