916 Gibson St, Pittsburgh, PA 15220

Great Investment Opportunity! Current rents are below market rate and it is still cash flow positive. The building consist of 6 total units and a common basement. 2 units are townhome like units with separate entrances and 4 are in one building with a common secured entrance. Each unit has separate Electric & Gas, landlord pays for water, sewage & dumpster. All units have updated kitchens, some new carpeting, newer electrical panels and every unit has double pane windows. Additional income can be added with coin-operated washer & dryer. Current Rent has a cap rate of 10.28 and a DSR of 1.59. Proforma based on Section 8 Market Rate has a cap rate of 16.15% and a DSR of 2.86. Buyer will cash flow the first day it is purchased. Go to: http://www.916gibson.info for more information on this property! Call for more information or to schedule a showing. KELLER WILLIAMS REALTY, The Don Boyle Team: 412-334-3864. http://www.donboyleteam.com To search thousands of other properties for sale visit http://www.pittsburghpropertysearch.com