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3801 Hilpert St 12 Unit Apartment Building $1,838,534 CAD ($153,211 CAD/Unit) Pittsburgh, PA 15227
Investment Highlights
- quality tenants
- separated utilities
- newer metal roof and updated sidewalks
Executive Summary
Investor's dream come true! This fully occupied 12-unit property delivers immediate, stable cash flow with strong fundamentals and minimal ongoing expense. Each of the twelve units features a desirable 2-bedroom, 1-bath layout along with its own 1-car garage, a combination that consistently attracts and retains quality tenants. The property has been well-maintained and thoughtfully updated, offering a clean, turnkey asset that’s ready to perform from day one. Many units have seen updates over time, while major exterior improvements—including a newer metal roof and updated sidewalks—provide peace of mind and reduce near-term capital expenditures. One of the most attractive features for investors is the fully separated utilities, meaning tenants are responsible for their own usage, significantly minimizing owner expenses and simplifying management. In addition, all borough occupancy requirements are currently up to date, allowing for a seamless transition to new ownership without the need for immediate compliance work. The layout, condition, and operational efficiency of this property make it an ideal addition to any portfolio, whether you're a seasoned investor looking to scale or someone seeking a strong, income-producing asset with long-term upside. With consistent occupancy, desirable unit configurations, and key improvements already completed, this is a rare opportunity to acquire a well-performing multi-unit property with both stability and future growth potential.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | - | - |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $448,652 CAD | |
| Land Assessment | $125,705 CAD | Total Assessment | $574,356 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$125,705 CAD
Improvements Assessment
$448,652 CAD
Total Assessment
$574,356 CAD
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3801 Hilpert St
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