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Lawrenceville Townhomes 3 Multifamily Properties in Pittsburgh, PA
Investment Highlights
- Abundant on-street parking
- Outdoor living space
- Less than 10-minute drive from Downtown
- Spacious kitchens
- Private patios
Executive Summary
Colliers is pleased to present the opportunity to acquire 8 adjacent individually deeded Townhomes on 47th Street, Modoc Way, and Plummer Street. Located in Pittsburgh’s most popular neighborhood, these townhomes provide the unique opportunity for an investor to acquire 8 adjacent townhomes in Lawrenceville. Lawrenceville is an emerging tech-centric economy, in close proximity to globally renowned educational institutions, and surrounded by nationally recognized healthcare industries. Current ownership has implemented a renovation program that has successfully achieved $200+ rental premiums. The portfolio has 3 unrenovated units remaining that give a potential buyer the opportunity to follow the current owner’s successful renovation program to increase the NOI of the portfolio. These attributes, in combination with a broader market poised for sustained economic growth and expanding market fundamentals, secures this portfolio’s position as a highly sought after investment opportunity.
Property Facts
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 23,962 SF |
| Status | Active | Total Land Area | 0.04 AC |
| Number of Properties | 3 |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 23,962 SF |
| Total Land Area | 0.04 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 170-176 47th St, Pittsburgh, PA 15201 | Multifamily | 17,912 SF | 1880 | - |
| 4635-4642 Plummer St, Pittsburgh, PA 15201 | Multifamily | 4,500 SF | 1910 | - |
| 4632-4634 Modoc Way, Pittsburgh, PA 15201 | Multifamily | 1,550 SF | 1920 | - |
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Lawrenceville Townhomes
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