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2123-2127 Straubs Lane

$295,000

2123 Straubs Lane, Pittsburgh, PA 15212

Active
Last Updated: 08/07/2023

7.17

Cap Rate

34,348

NOI

Details:
Cap Rate:    7.17%
NOI:    $34,348
Building Size:    3,528 sqft
Lot Area:    6,390 acres
Units:    3
Occupancy:    100%
Zoning:    Multi Family
Year Built:    1950
Floors:    2
Description:

Presenting a fully occupied 3-unit townhouse property situated in Pittsburgh's Troy Hill neighborhood, with professional management in place, convenient access to Route 28, and a short distance from downtown. It boasts a prime location in a highly desirable rental market. With current tenants in place, the property is generating steady cash flow, yet there is significant room for growth through minor renovations and adjusting rents to align with market rates as units become available.


Troy Hill is a neighborhood located on the northeastern side of Pittsburgh, Pennsylvania. It is situated on a hill overlooking the Allegheny River and offers panoramic views of the city skyline. Troy Hill's location offers convenient access to downtown Pittsburgh and is close to major roadways, including Route 28.



Great Rental Area
Fully Occupied
Under Market Rents
Off-Street Parking

Map:
Location