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601 N St Clair Street
Pittsburgh, PA 15206
Asking Price
$990K
Cap Rate
5.64%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 3 Units | $330,000/unit <ul><li>100% occupancy with all leases running through May 2027 eliminates execution risk and delivers immediate, uninterrupted cash flow to the buyer from closing.</li><li>Furnaces, air conditioning systems, and the roof — the three highest-cost mechanical and structural systems in a multifamily building — were all replaced in 2014-2015. The incoming owner inherits a building with its major capital obligations largely satisfied.</li><li>Separate utility metering passes gas and electric costs
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NOI
$80,000
Cap Rate
8.08%
DSCR
1.36
Strong
Cash-on-Cash
7.15%
Monthly Payment
$4,897.98
Annual Cash Flow
$21,224.242
