1425-1435 Cresson Street, Pittsburgh, Allegheny County, PA 15221

For Sale

Listed by Dustin Nulf with KELLER WILLIAMS PITTSBURGH EAST
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Property Summary for 1425-1435 Cresson Street

Property Type
Apartment
MLS Number
1441788
Date Added
25 March 2020
Parking info
6
Neighborhood
East Hills
Zip
15221
School District
Wilkinsburg Borough School District

Description for 1425-1435 Cresson Street

Great opportunity to buy this cash-flowing 6-unit of side by side townhomes at under $50k/unit!!! All six units are 3 bedrooms, 1.5 bathrooms. 5 units are occupied, one needs work. Value add opportunity located in a current Opportunity Zone for HUGE tax breaks and incentives (buyers are recommended to do their own due diligence and talk with an accountant or tax attorney when dealing with Opportunity Zones). If self-managing this is a 13.37 Cap Rate. With management this will be a 10 Cap OR BETTER. Tenants pay water, sewer, gas, and electric.
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Features for 1425-1435 Cresson Street

Exterior Finish
  • Brick
Listing provided by West Penn Multi List, Inc. on 03/25/2020
Copyright © 2020 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listed by:

Dustin Nulf

KELLER WILLIAMS PITTSBURGH EAST

Demographics in 15221top

Population

Total population 30,309
Male population 13,199
Female population 17,110
Median age 43.40

Households

Total households 16,084
Average people per household 1.87

Housing

Total housing units 19,353
Owner occupied 7,589
Renter occupied 8,495
Median year built 1950

Income

Median household income 41,189
Average household income 58,776

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Disclaimer


Demographic data shown in this section was gathered from the 2018 American Community Survey and is deemed reliable but is not guaranteed.
No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.

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