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215 S Braddock Ave
Pittsburgh, PA 15221
Multifamily Property For Sale
·
5 Units
Investment Highlights
- One block from scenic Frick Park with seamless access to outdoor recreation and trails.
- Historic architectural elements include original woodwork, mantels, and decorative fireplaces.
Executive Summary
This rare 5-unit apartment building in the heart of Point Breeze offers investors a distinctive opportunity to acquire a legacy multifamily asset in one of Pittsburgh’s most stable and desirable rental neighborhoods. Just one block from Frick Park, the property combines historic architecture with modern upgrades, ensuring both character and operational efficiency.
The residence features four spacious one-bedroom apartments and a private two-bedroom penthouse suite with an exclusive balcony, delivering broad tenant appeal. Original architectural details such as grand columns on the concrete front porch, decorative fireplaces with intact mantels, and rich woodwork have been preserved, creating lasting aesthetic value. Recent capital improvements include an updated roof (2019), well-maintained Lennox furnaces, laminate flooring, and modernized safety measures with hard-wired smoke detectors. Utilities are separately metered for gas and water, supporting streamlined expense control.
Additional value lies within the expansive finished lower level, providing flexible space for storage, future unit expansion, or amenities, and already includes a powder room, coin-operated laundry, and split-unit cooling systems. Parking is rarely a concern with an oversized integral garage and a large asphalt parking lot, a notable advantage in an urban setting. Two units are currently occupied under expiring leases, creating immediate opportunities for rent repositioning or unit upgrades. This property offers durable income potential and substantial long-term upside within an established, high-demand neighborhood.
The residence features four spacious one-bedroom apartments and a private two-bedroom penthouse suite with an exclusive balcony, delivering broad tenant appeal. Original architectural details such as grand columns on the concrete front porch, decorative fireplaces with intact mantels, and rich woodwork have been preserved, creating lasting aesthetic value. Recent capital improvements include an updated roof (2019), well-maintained Lennox furnaces, laminate flooring, and modernized safety measures with hard-wired smoke detectors. Utilities are separately metered for gas and water, supporting streamlined expense control.
Additional value lies within the expansive finished lower level, providing flexible space for storage, future unit expansion, or amenities, and already includes a powder room, coin-operated laundry, and split-unit cooling systems. Parking is rarely a concern with an oversized integral garage and a large asphalt parking lot, a notable advantage in an urban setting. Two units are currently occupied under expiring leases, creating immediate opportunities for rent repositioning or unit upgrades. This property offers durable income potential and substantial long-term upside within an established, high-demand neighborhood.
Property Facts
| Price Per Unit | $198,786 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| No. Units | 5 | Building Size | 5,145 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1900 |
| Apartment Style | Low-Rise | Parking Ratio | 0.97/1,000 SF |
| Price Per Unit | $198,786 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 5,145 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 0.97/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | - | - |
Property Taxes
| Parcel Number | 0175-N-00296-0000-00 | Improvements Assessment | $512,584 CAD |
| Land Assessment | $97,547 CAD | Total Assessment | $610,131 CAD |
Property Taxes
Parcel Number
0175-N-00296-0000-00
Land Assessment
$97,547 CAD
Improvements Assessment
$512,584 CAD
Total Assessment
$610,131 CAD
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