830-836 E Pittsburgh Mall, E Pittsburgh, PA 15112
- $750,000
- List Price
- $750,000
- Status
- ACTIVE
- Days on Market
- 113
- Price Change
- ▼ $225,000 1791578454
- MLS#
- WESTPENN-1762568
- Subtype
- Commercial Sale
- Year Built
- 1965
- Lot Size
- 4,356
- Acres
- 0.10
- MLS Area Major
- E Pittsburgh
Property Description
830–836 E Pittsburgh Mall is a 42-space mixed-use income property in East Pittsburgh Borough, Allegheny County — 38 residential room rentals and 4 commercial spaces. All 38 residential units are leased and the Hollywood Show Bar is under a $2,500/month commercial lease,bringing total occupancy to 39 of 42 spaces (92.9%). Three vacant commercial bays represent zero-construction upside, pushing the cap to20.7% when leased. 3 vacant commercial bays = pure upside — est. $2,200/mo additional revenue when leased; pushes NOI to $201,427 and cap rate to 20.7%
Additional Information
- Taxes
- $10,280
- Zoning
- Comm
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Listing Courtesy of REAL OF PENNSYLVANIA.
INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. Listings courtesy of WEST PENN MULTILIST, INC.