373 Munson Ave, Mckees Rocks, PA 15136

Property Description

Rare full-block mixed-use investment near the McKees Rocks Bridge, minutes from Downtown Pittsburgh. This 1930 brick building offers 11 rentable spaces: 8 upper-level apartments (seven 2-bed, one 3-bed), two ground-floor event spaces of approx. 1,200 SF each, and an approx. 1,500 SF deli/storefront with refrigerated coolers and a commercial freezer. New roof in 2016. One event space is currently leased at $1,500/mo; apartments are pending renovation and lease-up, and the second event space needs rehab. Projected stabilized income of approx. $13,300/mo ($159,600/yr) excluding the second event space, with significant upside. Long history as a social hall and restaurant. Sold AS-IS; buyer to perform all due diligence and verify all figures.