830-836 E Pittsburgh Mall, E Pittsburgh, PA 15112

Property Description

830–836 E Pittsburgh Mall is a 42-space mixed-use income property in East Pittsburgh Borough, Allegheny County — 38 residential room rentals and 4 commercial spaces. All 38 residential units are leased and the Hollywood Show Bar is under a $2,500/month commercial lease,bringing total occupancy to 39 of 42 spaces (92.9%). Three vacant commercial bays represent zero-construction upside, pushing the cap to20.7% when leased. 3 vacant commercial bays = pure upside — est. $2,200/mo additional revenue when leased; pushes NOI to $201,427 and cap rate to 20.7%