210 5th Ave

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Address: 210 5th Ave, Elizabeth, PA 15037, USA

New York & Tri-State + Apartment Buildings

Created date: March 4, 2024

Date last updated: September 10, 2024

Assumable debt available at 3.75% Approx 1.25MM resetting in 3 years
Opportunity to continue renovating units and increasing rents
Roof replaced within the last 10 years
Parking lot on site
Laundry on site

Property Description

SVN Three Rivers Commercial Advisors is pleased to present 210 5th Ave in Elizabeth for sale. This 34 unit apartment building is made up of (23) 1BD/1BA units and (11) 2BD/1BA units, roughly half of which have been renovated with significant rent increases. The property is located in the South Hills region of Pittsburgh off of route 51 just 16 miles from downtown. Landlord pays water/sewer and trash. Tenants pay their own electric. The owner is in the process of implementing a bill back system for water/sewer. At this time 75% of the tenants are responsible for water bills. The remaining 25% of the tenants will be responsible for water when their leases are renewed in the fall.

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Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$2,500,000
No. of Units:	34
Year Built:	1930
Lot Size:	0.77 Sq ft
Opportunity Zone:	No
Price per unit:	$73,529
Property Website	Click Here