Condominium In Avalon
- 4,130 Sqft lot
- Updated: October 6
- Source: West Penn MultiList MLS#1771594
About the Property
Six 3-bedroom/1-bath apartments, each with a private balcony, in the heart of Avalon Borough.
LOCATION: Steps from California Ave shops, restaurants and bus service to Downtown. Quick access to Route 65 and I-79; about 6.5 miles to Downtown Pittsburgh and the North Shore. Northgate School Distr
Six 3-bedroom/1-bath apartments, each with a private balcony, in the heart of Avalon Borough.
LOCATION: Steps from California Ave shops, restaurants and bus service to Downtown. Quick access to Route 65 and I-79; about 6.5 miles to Downtown Pittsburgh and the North Shore. Northgate School District, with Avalon Elementary 0.3 miles away. Close to Avalon Community Park and pool.
RENOVATIONS: 3 units fully renovated with new kitchens, baths, flooring and appliances. A 4th unit refreshed with new carpet and paint. The remaining 2 original units offer rent upside after renovation.
CAPITAL WORK COMPLETED: New boiler (2026). New electrical panels (2025).
FINANCIALS: All 6 units leased. Gross income $82,980. Operating expenses $36,499. NOI $46,481. 6.4% cap rate at list price.
TENANT DEMAND: Three-bedroom apartments are scarce in the North Boroughs, supporting steady occupancy and low turnover.
MANAGEMENT: Professional management in place and available to continue.
Rent roll and trailing 12-month financials available on request.
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Property type
Condo
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Year built
1900
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