510 E 8th Ave 4 Unité Immeuble d’appartements 1 058 578 $ CAD (264 644 $ CAD/Unité) 9,87% Taux de capitalisation Homestead, PA 15120

510 E 8th Avenue presents a fully renovated mixed-use investment in Homestead, Pennsylvania, within the growing East 8th Avenue corridor. This property combines retail and residential components with a modernized building encompassing approximately 8,238 SF across three floors. The ground level is occupied by a long-term leased retail tenant, the magistrate’s office, providing stable cash flow. The upper levels feature four upgraded luxury apartment units, offering contemporary finishes and layouts suited to today’s discerning renters. Three units are currently leased, while one is owner-occupied, ensuring immediate income and upside potential.
Positioned on two adjoining parcels and including off-street parking for 14 vehicles, the property is designed for operational efficiency. Residents enjoy easy connectivity to The Waterfront retail and entertainment destination, less than five minutes away, as well as convenient access to I-376 for direct routes to Downtown Pittsburgh and surrounding employment centers. With a favorable cap rate, diversified tenancy, and a location in an area marked by redevelopment and growth, this asset offers investors a strong income-producing opportunity in the Pittsburgh metro market.