Investment Overview
PRIME 7-UNIT ALL-BRICK MULTIFAMILY INVESTMENT OPPORTUNITY IN WILKINSBURG! Discover a well-positioned, nearly fully occupied 7-unit multifamily property comprised of two connected buildings at 1120 Swissvale Avenue and 1110-1112 North Avenue. An excellent opportunity for an investor or owner-occupant looking to build or expand a multifamily portfolio. The 5-unit 1120 Swissvale Avenue building features a spacious 2 Bedroom/1 Bath main-level apartment and (4) 1 Bedroom/1 Bath apartments across the second and third floors with 2 attached garages. The connected 1110-1112 North Avenue building includes (2) large 2 Bedroom apartments, each with 2 integral garages. The combined property offers an attractive unit mix with generous room sizes, abundant natural light, separate gas/electric utilities, and a flooring mix of carpet, vinyl, and vinyl plank. Additionally, the lower level of 1120 Swissvale Avenue and common space/integral garages at North Avenue provide opportunities for rentable storage, washer/dryer connections, and potential additional rental income. Located in the heart of Pittsburgh's East End and eastern suburban communities, the property offers convenient access to Downtown Pittsburgh, Bakery Square/East Liberty, shopping, dining, parks, public transportation, and major roadways including I-376, I-76, Route 30, and Route 8/Penn Avenue. Excellent walkability and accessibility make this an ideal location for commuters. Situated at a signalized intersection with approximately 6,600+ vehicles passing daily, the property offers excellent visibility and accessibility in a submarket experiencing continued reinvestment and redevelopment.
Investment Highlights
- 7-unit all-brick multifamily investment opportunity
- Two connected buildings at 1120 Swissvale Avenue and 1110-1112 North Avenue
- Nearly fully occupied
- 5-unit 1120 Swissvale Avenue building with 2 Bed/1 Bath main-level apartment and (4) 1 Bed/1 Bath apartments
- (2) large 2 Bedroom apartments at 1110-1112 North Avenue, each with 2 integral garages
- Separate gas/electric utilities
- Lower level and common space offer opportunities for rentable storage and washer/dryer connections
- Situated at a signalized intersection with approximately 6,600+ vehicles passing daily