606 Evans AveMckeesport, PA 15132

For Sale
$175,000

High-yield office & apartment building

Overview

Added:
Feb 3
Days on market:
40
This exceptional investment opportunity presents a mixed-use property ideally situated in Mckeesport, PA, directly across from UPMC Hospital. The building boasts a prime location in the East Suburbs of Pittsburgh, benefiting from high visibility and convenient access. The ground floor is currently configured as a doctor's office, featuring a sizable waiting room, a dedicated reception area, two examination rooms, and a private office. The flexible C-5 zoning (Health and Services District) allows for a wide range of potential uses, including medical facilities, various office types, retail establishments, and rehabilitation centers, offering significant versatility for future development or adaptation. Upstairs, a two-bedroom apartment provides additional income potential. Currently occupied by a long-term tenant, this residential unit generates a stable monthly rental income of $900. The apartment includes a private back patio. The building features separate utility metering for both the office and residential spaces, with tenants responsible for their respective gas, electric, water, and sewage costs. The previous office tenant paid $1,100 per month plus utilities, indicating strong potential for increased rental income. The property sits on a 0.06-acre lot, offering a compact yet functional footprint. This property represents a compelling investment opportunity with strong potential for both rental income and future appreciation. The combination of a prime location, flexible zoning, and existing income streams makes this an attractive proposition for discerning investors.

Property Details for 606 Evans Ave

Property type
Office properties, Other office properties
Lot Size (sq. ft)
2,614 SF

Location Insight

City
Mckeesport
County
Allegheny-East
State
Pennsylvania
Latitude
40.3501
Longitude
-79.84969
606 Evans Ave, Mckeesport, Pennsylvania

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606 Evans Ave
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