15 S 14th Street, South Side, PA 15203

Property Description

Multi-family triplex on the market for the first time. Situated in a prime location on Pittsburgh's historic south side flats, the property features three 1-bedroom, 1-bath units plus a large freestanding garage with 6 individual enclosed bays. Two spacious apartments on fl1 & fl2 respectively, are currently rented with a third unit fl3, awaiting your new tenant or owner-occupied option. All 6 garages are fully rented. An unexpected and lovely feature is the large, fenced-in, private garden courtyard. Solid building with laundry (one washer, one dryer) in basement. Newer gas boiler heat throughout building; tenants are able to adjust their own heat. Proforma rents, along with tax assessment following purchase, would provide a 4.8% cap rate. Improved rents beyond proforma rate is a definite possibility with some building updates.