Investment Overview
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 demonstrated rent increases. The property is located in the South Hills region of Pittsburgh off of route 51 just 16 miles from downtown. Electric is separately metered and the landlord recently installed a submetering system for the water and that is billed back as well.
Investment Highlights
- Opportunity to continue renovating units and increasing rents
- Solid brick construction (formerly a school building)
- Roof replaced within the last 10 years
- Parking lot on site
- Laundry on site