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Listed by BERKSHIRE HATHAWAY THE PREFERRED REALTY
$ 152,500
Est. payment /mo
Active
606 Evans Ave Mckeesport, PA 15132
2,665 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1700310
HOA Y/N No
Annual Tax Amount $162
Lot Size 2,665 Sqft
Acres 0.0612
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.
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
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Road Frontage Highway
Building
Structure Type Brick
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