606 Evans Ave Active Save Request In-Person Tour Request Virtual Tour
Mckeesport,PA 15132
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1700310
Annual Tax Amount $162
Lot Size 2,665 Sqft
Property Sub-Type Office
Property Description
Welcome to this fabulous investment opportunity located directly across from UPMC hospital in the east suburbs of Pittsburgh.
This property presents a significant opportunity for cash flow, supported by its impressive 13.73% cap rate.
The first-floor commercial space currently functions as a convenience store with a 3-year lease in place at $1100 per month ending in December of 2027.
On the second floor is a 2-bedroom apartment occupied by a long-term tenant paying $900 per month. Both tenants pay for all utilities including gas, electricity, water, and sewage.
Recent updates include a new 50-year rubber roof (installed February 2025) and a new first-floor HVAC system and hot water tank.
Location
State PA
County Allegheny-east
Area Mckeesport
Zoning C-5
Exterior
Utilities Available Electricity Available,Natural Gas Available,Sewer Available,Water Available
Building
Structure Type Brick