1-5 Minnesota St, Pittsburgh, PA 15207
sale
$450,000
|
Other
Courtesy Of Sherman E Hostetter
Premium Multi-Family Investment Opportunity Near Major Universities Rarely available turnkey 5-unit apartment building located at 5 Minnesota St, Pittsburgh, PA 15207 in Pittsburgh's highly coveted, high-demand Greenfield neighborhood. This brick multi-family property sits in an exceptional, central location just minutes from the University of Pittsburgh and Carnegie Mellon University. It offers immediate, reliable cash flow with tenant-paid utilities and zero current vacancies. Auction Schedule & Bidding Auction Date: Tuesday, August 18, 2026. Auction Time: 4:30 PM Starting Bid: $450,000. Location: 5 Minnesota St, Pittsburgh, PA 15207 Financial Performance & Rental Income Total Monthly Income: $5,925 across 5 stabilized units. Total Annual Gross Income: $71,100. Low Owner Expenses: Tenants pay all separate utilities directly. Individual Unit Rent Breakdown: Unit 1: $1,275 / month Unit 2: $1,250 / month Unit 3: $1,150 / month Unit 4: $1,150 / month Unit 5: $1,100 / month Property Highlights & Specifications Total Units: 5 fully leased residential units. Layout: Generous 2-bedroom, 1.5-bathroom floor plans in every single unit. Unit Size: Spacious layouts ranging from approximately 1,000 to 1,200 sq. ft. Occupancy: 100% occupied with reliable, long-term tenants. Laundry: Dedicated laundry facilities located in the basement for tenant convenience. Prime Location Advantages University Proximity: Minutes away from top-tier colleges making it a premier choice for graduate students, faculty, and young professionals. Greenfield Neighborhood: Highly desirable residential pocket known for its quiet streets, strong community feel, and excellent rental demand. Transit Friendly: Seamless access to public transportation, downtown Pittsburgh, and the Parkway East. 10% or $5,000 (whichever is greater) Buyers Premium applies
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Property Features
- MLSID: 11905432
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