Calling all Investors! Cash-flowing, turnkey mixed-use investment opportunity in Indiana Township, just minutes from Fox Chapel! This unique income-producing property offers a diversified investment portfolio with residential and commercial income streams, making it an excellent addition to any investor's portfolio.
The property includes a mixed-use building featuring a plumbing office and commercial storage/shop with three two-bedroom apartments. Two of the apartments are located on the first floor with the plumbing office and storage/shop, while the third apartment is located on the second floor. The property also includes a separate three-bay automotive garage, a detached log cabin-style single-family residence with three to four bedrooms, and an additional vacant parcel (Tax ID: 0953-S-00056-0000-00) included in the sale. Apartment C has recently become vacant, and a replacement tenant has already been identified.
Current gross scheduled rental income is approximately $64,080 annually, with rents believed to be below current market levels, presenting an excellent value-add opportunity through future rental increases. Tenants are responsible for their own gas and electric service, and the single-family residence tenant pays all utilities. The landlord currently pays only water, sewer, and real estate taxes, contributing to relatively low operating expenses. Based upon the current income and estimated operating expenses, the estimated capitalization rate is approximately 6.74% to 7.88%, with an estimated pro forma capitalization rate of approximately 10.14% to 11.43%.
The property features separately metered utilities, slab-on-grade construction with no basements, stable residential and commercial tenancy, and a diverse mix of ...
+ Read More| Listing Id: | 1777583 |
|---|---|
| List Price: | $630,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Other |
| Status: | Active |
| Tax Annual Amount: | $9,007 |
| Lot Size Acres: | 0.6754 |
| Waterfront?: | No |
| Postal City: | Pittsburgh |
| County Or Parish: | Allegheny-north |
| Postal Code: | 15238 |
| Number Of Units Total: | 6 |
| Basement Yn: | No |
| City: | Indiana Twp |
| Elementary School District: | Fox Chapel Area |
| Gross Income: | $64,680 |
| High School District: | Fox Chapel Area |
| Insurance Expense: | $3,000 |
| Listing Contract Date: | 2026-10-05 |
| Lot Size Acres: | 0.6754 |
| Lot Size Area: | 0.6754 |
| Lot Size Dimensions: | 0.6754 |
| Lot Size Units: | Acres |
| Middle Or Junior School District: | Fox Chapel Area |
| MLS Area Major: | Indiana Twp - Nal |
| MLS Area Minor: | Indiana Twp - Nal |
| Net Operating Income: | $43,039 |
| Number Of Units In Community: | 6 |
| Original List Price: | $630,000 |
| Parking Features: | OffStreet |
| Postal City: | Pittsburgh |
| Roof: | Asphalt |
| State Or Province: | PA |
| Tax Assessed Value: | $282,300 |
| Utilities: | ElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable |
| Zoning: | V.Res |
| Zoning Description: | V.Res |
| Property Sub Type Additional: | Other |
| Utilities Expense: | 2400.0 |
| Current Price: | $630,000.00 |
| Country Subdivision: | 42003 |
| Record Signature: | -1,845,223,212 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:42003:0953-S-00056-0000-00 |
Listing Courtesy of: BERKSHIRE HATHAWAY THE PREFERRED REALTY
Listing Agent: Scott LaRocca
412-262-4630
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The data on this website relating to real estate for sale comes in part from the IDX Program of the West Penn MLS.
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© 2026 West Penn MLS.
West Penn MLS data last updated on October 08, 2026 05:12 PM - ET.
Property Last Updated: October 08, 2026 05:12 PM - ET













































