Concord Plaza | 5532-5540 Covode St
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Concord Plaza 5532-5540 Covode St
33 Unit Apartment Building $3,795,000 ($115,000/Unit) Pittsburgh, PA 15217
INVESTMENT HIGHLIGHTS
- Rare opportunity to purchase 33 units in Squirrel Hill
- Off street parking for tenants
- Could be purchased with Traymor Gardens which is a 15 unit 2 blocks away
EXECUTIVE SUMMARY
SVN Three Rivers Commercial Advisors is pleased to present Concord Plaza, a 33-unit apartment building located in Pittsburgh’s Squirrel Hill Neighborhood. The building is 26,064 sq ft and sits on a 17,135 sq ft lot. There are 21 one-bedroom units and 12 studios and on-site laundry.
PROPERTY FACTS
| Price | $3,795,000 | Building Class | C |
| Price Per Unit | $115,000 | Lot Size | 0.39 AC |
| Sale Type | Investment | Building Size | 26,064 SF |
| No. Units | 33 | Average Occupancy | 97% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1950 |
| Apartment Style | Low Rise | Parking Ratio | 0.69/1,000 SF |
| Price | $3,795,000 |
| Price Per Unit | $115,000 |
| Sale Type | Investment |
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 26,064 SF |
| Average Occupancy | 97% |
| No. Stories | 3 |
| Year Built | 1950 |
| Parking Ratio | 0.69/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Handrails
- Recreation Room
- Trash Compactor
- Vinyl Flooring
- Warming Drawer
- Wheelchair Accessible (Rooms)
- Window Coverings
- Large Bedrooms
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Tenant Controlled HVAC
- Renters Insurance Program
- Walking/Biking Trails
- Storage Space
- Hearing Impaired Accessible
- Maintenance on site
- Multi Use Room
- Online Services
- Vision Impaired Accessible
- Public Transportation
- Individual Locking Bedrooms
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 12 | - | 220 |
| 1+1 | 21 | - | 594 |
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Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 0087-A-00238-0000-00 | Improvements Assessment | $700,000 |
| Land Assessment | $275,000 | Total Assessment | $975,000 |
PROPERTY TAXES
Parcel Number
0087-A-00238-0000-00
Land Assessment
$275,000
Improvements Assessment
$700,000
Total Assessment
$975,000
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Concord Plaza | 5532-5540 Covode St
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