121 Sumner Ave

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121 Sumner Ave

Pittsburgh, PA 15221
Asking Price
$300K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Three-unit multifamily apartment building available for purchase
  • Asset located at 121 Sumner Ave in Pittsburgh PA
  • Offered at an asking price of 299750 dollars
  • Well-suited for investors targeting compact residential property assets
  • Positioned within an established neighborhood in the Pittsburgh market

What's Special

This multifamily property at 121 Sumner Ave in Pittsburgh is currently available for sale, providing a practical acquisition for investors focused on small-scale residential holdings. The apartment building consists of three units, offering a straightforward income-producing asset within the 15221 zip code. Pittsburgh maintains a resilient economy supported by a diverse mix of healthcare, technology, and educational institutions, making it a stable environment for rental demand. Situated in a well-established submarket, this building suits an investor seeking to manage a compact residential portfolio or expand their local rental presence. The property layout and unit count allow for efficient management and consistent occupancy potential in this mature metropolitan area.

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NOI
$80,000
Cap Rate
26.69%
DSCR
4.50
Strong
Cash-on-Cash
69.17%
Monthly Payment
$1,482.999
Annual Cash Flow
$62,204.007

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