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For Sale

9 Unit Portfolio

517 S 5th St,
Duquesne, PA 15110

Asset Snapshot

1
Building Count
9 Units
Unit Count
0 SF
Average Unit Size
10,000 SF
Property Size

Offering Summary

Investment Overview

SVN Three Rivers Commercial Advisors is pleased to present for sale this 9 unit / three property multifamily portfolio. The parcels are all in close proximity to each other. The units are occupied by a mix of Allegheny County Section 8 tenants, the Chartiers Center and market rents. The property will benefit from a 16% increase in scheduled rents when already-approved Section 8 rent increases are implemented. Scheduled rents could increase by another 13% by converting three of the units to larger bedroom counts.


Investment Highlights

  • Strong rental history
  • Significant upside potential through Section 8 scheduled increases and unit reconfigurations

How it Works

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Listing Syndicated From

Buildout
For Sale
$560,000
Asking Price