1712 Lowrie StPittsburgh, PA 15212

This exceptional mixed-use property at 1712 Lowrie St, Pittsburgh, PA 15212, offers a compelling investment opportunity. The 8,100 square foot building boasts a 2,500 square foot ground-floor retail space and three updated apartments (two one-bedroom and one two-bedroom) on the second floor. Recent renovations include refreshed facades, common areas, and apartments, along with updated appliances and water heaters within the last three years. All units are independently metered for efficient utility management. The property sits on a 2,743 square foot lot (APN 48-N-24) and is zoned LNC. A full-span basement, accessible via a separate entrance, presents significant potential for additional rental income by leasing it in conjunction with the retail unit. The asking price is $399,000, representing a compelling $49.26 per square foot and a 10.70% capitalization rate with a Net Operating Income (NOI) of $42,696. This property is for sale by owner and presents a rare chance to acquire a high-yield investment in a thriving Pittsburgh neighborhood. The property's prime location in Troy Hill offers excellent visibility and access to a growing community.