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40 Pius St 32 Unit Apartment Building $1,362,861 CAD ($42,589 CAD/Unit) Pittsburgh, PA 15203



Investment Highlights
- This unique opportunity allows investors to reimagine this 2.3-acre lot, with zoning variance allowing for new high-demand multifamily units.
- Site sits close to top-rated hospitals, schools, the casino, North Shore, as well as Highways 279 and 376.
- Businesses in the area enjoy easy access to Allentown and South Side Flats and are placed just 10 minutes from PNC Park and Acrisure Stadium.
- Current improvements include a historic church and apartment building that provide optionality for rehab, redevelopment, and expansion projects.
- This property has an excellent location on the Southside Slopes, providing easy accessibility and beautiful views of Pittsburgh and the Mon Valley.
Executive Summary
42-44 Pius Street provides the opportunity to acquire 2.3 acres of land in the Southside Slopes neighborhood of Pittsburgh, Pennsylvania. The sale includes the upside to remove the existing church property and start a new project providing high demand commercial space or parking to the community. A zoning variance has been received, allowing for the creation of approximately 27-33 multifamily units using the existing building, or create 100+ total units with the formation of a new structure or expansion.
42-44 Pius Street’s excellent location in the Southside Slopes provides easy accessibility and beautiful views of Pittsburgh and the Mon Valley. The rear of the building offers serene wilderness with trails and gardens. The building can be easily reached thanks to nearby interchanges for PA 51, Interstate 376, and Interstate 579. The area boasts easy and convenient access to popular Allentown and South Side Flats and is a short 10-minute drive to PNC Park, Acrisure Stadium, and even Oakland and Shadyside.
42-44 Pius Street’s excellent location in the Southside Slopes provides easy accessibility and beautiful views of Pittsburgh and the Mon Valley. The rear of the building offers serene wilderness with trails and gardens. The building can be easily reached thanks to nearby interchanges for PA 51, Interstate 376, and Interstate 579. The area boasts easy and convenient access to popular Allentown and South Side Flats and is a short 10-minute drive to PNC Park, Acrisure Stadium, and even Oakland and Shadyside.
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- Miscellaneous
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
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Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 0012-N-00213-0000-00 | Improvements Assessment | $142,724 CAD |
| Land Assessment | $27,942 CAD | Total Assessment | $170,666 CAD |
Property Taxes
Parcel Number
0012-N-00213-0000-00
Land Assessment
$27,942 CAD
Improvements Assessment
$142,724 CAD
Total Assessment
$170,666 CAD
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40 Pius St
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