1856 Main St

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1856 Main St

Pittsburgh, PA 15215
Asking Price
$275K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building located at 1856 Main St in Pittsburgh.
  • The property is currently listed for sale at 275,000 dollars.
  • Positioned within the 15215 ZIP code area of Pennsylvania.
  • Asset provides residential rental capacity in a growing urban market.
  • Suitable for investors targeting established multifamily real estate holdings.

What's Special

Pittsburgh continues to serve as a hub for education, healthcare, and technology, anchoring a stable regional economy in Western Pennsylvania. This multifamily apartment building, situated at 1856 Main St, benefits from the city's diverse employment base and steady demand for rental housing. The property represents an addition to an investment portfolio, providing a residential asset in a well-established submarket within the Pittsburgh metropolitan area. Investors may find utility in this acquisition for long-term rental income generation, as the asset type remains a staple of the local real estate landscape. Its location within the 15215 ZIP code positions it for access to community services and transportation networks that support the broader city region. Prospective buyers can explore the potential for steady occupancy and reliable cash flow within this urban corridor.

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NOI
$80,000
Cap Rate
29.09%
DSCR
4.90
Strong
Cash-on-Cash
77.18%
Monthly Payment
$1,360.55
Annual Cash Flow
$63,673.401

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