$1,477,700

320 5th Ave, Tarentum, PA 15084

Type

Other

County

Allegheny-North

Lot

0.14 acres

MLS #

1776225

About this home

Income-Producing Tarentum Portfolio | ~$211,407 NOI | ~14.3% Cap Rate Acquire a well-maintained portfolio of residential, commercial, and mixed-use properties producing ~$248,584 in annual gross income and $211,407 in net operating income. The portfolio includes properties along East 4th Avenue, East 5th Avenue, East 8th Avenue, Corbet Street, and Locust Street. The mix includes residential rentals, commercial storefronts, mixed-use buildings, and a five-unit property with four residential units and one commercial unit. Nearly all utilities are paid directly by the tenants, helping keep ownership expenses predictable and protect cash flow. Ownership has consistently maintained the buildings and completed numerous capital improvements. The properties have been managed with attention to long-term condition, functionality, and tenant appeal, limiting deferred maintenance for the next owner. Ample off-street parking is available across the portfolio. The offering also includes a separate side lot that provides additional parking capacity and flexibility. Portfolio highlights include strong existing income, diversified residential and commercial tenancy, tenant-paid utilities, multiple maintained buildings, completed capital improvements, ample parking, and an additional side lot. This offering provides immediate cash flow and multiple income streams within a single acquisition. Financial information and additional property details are available to qualified buyers. Buyers should independently verify all financial, zoning, and property information.

Courtesy of PIATT SOTHEBY'S INTERNATIONAL REALTY