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Jody Apartments 200 Electric Ave 16 Unit Apartment Building $1,498,365 CAD ($93,648 CAD/Unit) 9.10% Cap Rate East Pittsburgh, PA 15112



Investment Highlights
- Recent updates to units and common areas
- Each unit has separate heating and central air
- Brand new electrical service just installed in all units
- Small parking lot across the street, included with sale
Executive Summary
SVN Three Rivers Commercial Advisors is pleased to present 200 Electric Ave, a promising investment opportunity in East Pittsburgh Borough. This impressive property boasts 16 units, comprised of eight 1-bedroom/1-bathroom and eight 2-bedroom/1-bathroom units. Tenants are responsible for electric bills and the landlord covers water/sewer, gas, and trash.
Property Facts
| Price | $1,498,365 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $93,648 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.57 AC |
| Cap Rate | 9.10% | Building Size | 14,016 SF |
| No. Units | 16 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Parking Ratio | 1.42/1,000 SF |
| Price | $1,498,365 CAD |
| Price Per Unit | $93,648 CAD |
| Sale Type | Investment |
| Cap Rate | 9.10% |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.57 AC |
| Building Size | 14,016 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Parking Ratio | 1.42/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Storage Space
- Heating
- Refrigerator
- Range
- Carpet
- Patio
Site Amenities
- Laundry Facilities
- Property Manager on Site
- Laundry Service
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 800 |
| 2+1 | 8 | - | 1,000 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 0375-H-00147-0000-00 | Improvements Assessment | $280,739 CAD |
| Land Assessment | $43,589 CAD | Total Assessment | $324,328 CAD |
Property Taxes
Parcel Number
0375-H-00147-0000-00
Land Assessment
$43,589 CAD
Improvements Assessment
$280,739 CAD
Total Assessment
$324,328 CAD
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Jody Apartments | 200 Electric Ave
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