115 S Birmingham Ave, Avalon, PA 15202

Property Description

6-Unit Multifamily Investment | Avalon Borough | 6% Cap Rate Turnkey 6-unit investment opportunity in Avalon Borough's business district, minutes from I-79 and just 6.5 miles from Downtown Pittsburgh. All units are spacious 3-bedroom/1-bath layouts with private balconies. Financial Snapshot: Gross Rental Income: $82,000 Operating Expenses: $36,000 NOI: $46,000 List Price: $769,000 Cap Rate: 6% Property Highlights: 4 of 6 units updated; 2 remaining units offer clear value-add upside through renovation and rent increases Major capital improvements completed: new boiler (2026), new electrical panels (2025) — reduces near-term capex for the buyer Strong, reliable occupancy history Professional property management in place and available to continue — ideal for passive or out-of-area investors One updated unit currently vacant and move-in ready — suited for immediate lease-up or an owner-occupant buyer Full rent roll and financials available upon request.