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Listed by ELEVATE PROPERTY GROUP LLC
$769,000
Est. payment /mo
4,129 Sqft Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1771594
Style High Rise,Mid Rise
HOA Y/N No
Year Built 1900
Annual Tax Amount $11,517
Lot Size 4,129 Sqft
Acres 0.0948
Property Sub-Type Condominium
Property Description
6-Unit Multifamily Investment | Avalon Borough | 6% Cap Rate
Turnkey 6-unit investment opportunity in Avalon Borough's business district, minutes from I-79 and just 6.5 miles from Downtown Pittsburgh. All units are spacious 3-bedroom/1-bath layouts with private balconies.
Financial Snapshot:
Gross Rental Income: $82,000
Operating Expenses: $36,000
NOI: $46,000
List Price: $769,000
Cap Rate: 6%
Property Highlights:
4 of 6 units updated; 2 remaining units offer clear value-add upside through renovation and rent increases
Major capital improvements completed: new boiler (2026), new electrical panels (2025) — reduces near-term capex for the buyer
Strong, reliable occupancy history
Professional property management in place and available to continue — ideal for passive or out-of-area investors
One updated unit currently vacant and move-in ready — suited for immediate lease-up or an owner-occupant buyer
Full rent roll and financials available upon request.
Turnkey 6-unit investment opportunity in Avalon Borough's business district, minutes from I-79 and just 6.5 miles from Downtown Pittsburgh. All units are spacious 3-bedroom/1-bath layouts with private balconies.
Financial Snapshot:
Gross Rental Income: $82,000
Operating Expenses: $36,000
NOI: $46,000
List Price: $769,000
Cap Rate: 6%
Property Highlights:
4 of 6 units updated; 2 remaining units offer clear value-add upside through renovation and rent increases
Major capital improvements completed: new boiler (2026), new electrical panels (2025) — reduces near-term capex for the buyer
Strong, reliable occupancy history
Professional property management in place and available to continue — ideal for passive or out-of-area investors
One updated unit currently vacant and move-in ready — suited for immediate lease-up or an owner-occupant buyer
Full rent roll and financials available upon request.
Location
State PA
County Allegheny-north
Community Public Transportation
Area Avalon
Zoning 6unit
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Parking Features On Street
Community Features Public Transportation
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Building
Architectural Style High Rise, Mid Rise
Structure Type Brick
Schools
School District Northgate
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Nearby Locations
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