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671 5th St 5 Unit Apartment Building $479,500 CAD ($95,900 CAD/Unit) Oakmont, PA 15139
Investment Highlights
- Ability to increase rents to market average
- Within walking distance to local amenities such as community parks, bars and eateries.
- Laundry available on site
- Located in Oakmont, a quaint, desirable submarket of Pittsburgh
- Tenants pay electric for 4 of the 5 units - opportunity to reallocate utility responsibility.
- Common Areas have been repainted in 2020
Executive Summary
SVN | Three Rivers Commercial Advisors is pleased to present 5 Units for sale in Oakmont, PA. The property is comprised of five 1-bedroom, 1-bathroom units. The landlord currently pays all water and sewer charges, as well as all gas for cooking/hot water (except for Unit #1, where Tenant pays their own gas which also powers that units furnace). There have been recent improvements in 2020 including, installation of a new washer/dryer, the common areas have been repainted, and the attic space connected to apartment #3 has been renovated.
Located approximately 20 minutes from Downtown Pittsburgh the location allows easy access to Route 28, PA Turnpike, and Allegheny River Blvd. Local amenities include the famous Oakmont Country Club, Oakmont Bakery, local eateries, and community parks. The property is located in the Riverview School District.
Located approximately 20 minutes from Downtown Pittsburgh the location allows easy access to Route 28, PA Turnpike, and Allegheny River Blvd. Local amenities include the famous Oakmont Country Club, Oakmont Bakery, local eateries, and community parks. The property is located in the Riverview School District.
Property Facts
| Price | $479,500 CAD | Building Class | C |
| Price Per Unit | $95,900 CAD | Lot Size | 0.46 AC |
| Sale Type | Investment | Building Size | 5,000 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1886/2010 |
| Zoning | Residential | ||
| Price | $479,500 CAD |
| Price Per Unit | $95,900 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 5,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1886/2010 |
| Zoning | Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | 750 - 1,000 |
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0363-C-00208-0000-00 | Improvements Assessment | $97,818 CAD |
| Land Assessment | $51,649 CAD | Total Assessment | $149,467 CAD |
Property Taxes
Parcel Number
0363-C-00208-0000-00
Land Assessment
$51,649 CAD
Improvements Assessment
$97,818 CAD
Total Assessment
$149,467 CAD
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671 5th St
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