514 Guyasuta Road, Aspinwall, PA 15215

Property Description

Rare opportunity to own a renovated 7-unit apartment building in one of Pittsburgh's most desirable communities — Aspinwall — convenient to Fox Chapel, Lawrenceville, The Strip and Downtown. Same ownership for over 40 years, this turnkey investment combines strong in-place cash flow with significant upside. Ownership has completed a comprehensive capital improvement program: all windows and doors replaced, original siding removed and replaced with clapboard in a fresh, high-end paint scheme, exterior guard rails, fencing, and garage repainted, and hallways refreshed with new carpet throughout. Units are being modernized on a rolling basis as they turn over — two are already complete. Unit 2 was gut-remodeled with new paint, kitchen, and bath. Units 1 through 6 are all 2/1. Unit 7 just finished with an oversized eat-in kitchen, two full baths, and two bedrooms — move-in ready today. Set in a highly sought-after school district with strong long-term rental demand, this well-maintained asset offers a well-defined path for the next owner to capture rent growth as remaining units come online. A rare combination: exterior fully renovated, two high-quality move-in-ready units, stable long-term tenancy, and a clear value-add runway.