900 Bingham St, Pittsburgh, PA for sale

Investment Overview

SVN Three Rivers Commercial Advisors is pleased to present 900 Bingham Street, “The Firehouse,” a former neighborhood engine house in Pittsburgh’s South Side Flats. It has been converted into two loft residential units. The approximately 3,150 SF corner building keeps its original heavy brick, arched windows and the engine-bay front facing the street. It is minutes from East Carson Street and a short trip from Downtown Pittsburgh. The property is 100% leased, both leases run into mid-2027, and tenants pay all utilities. Unit 1 (±2,500 SF) has an open, column-free workspace, a full kitchen, two full bathrooms, skylights, dedicated storage, a separate street entrance and ADA accessibility. Unit 2 (±650 SF) is a double-height loft with a mezzanine, a pressed-tin ceiling, a full kitchen and direct rooftop access. The property generates $43,800 in gross annual rent and a net operating income of $33,857.

Investment Highlights

• Historic Former Engine House: original brick, arched openings and the engine-bay street front
• 100% Leased: both leases run through June/July 2027
• Tenants Pay All Utilities: light expense load for the owner
• In-Place Income: $43,800 in gross annual rent and an NOI of $33,857
• Two Flexible Loft Units: open workspaces, full kitchens, skylights, mezzanine and rooftop access w/ potential rooftop deck development.
• South Side Flats Location: minutes from East Carson Street and Downtown Pittsburgh