Bought with BERKSHIRE HATHAWAY THE PREFERRED REALTY
$1,200,000
$1,200,000
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6,534 Sqft Lot
SOLD DATE : 03/28/2025
Key Details
Sold Price $1,200,000
Property Type Single Family Home
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1687156
Sold Date 03/28/25
HOA Y/N No
Year Built 1940
Annual Tax Amount $9,059
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Other
Property Description
This all brick investment property in the heart of Squirrel Hill presents a lucrative opportunity boasting 5 legally permitted 1300+ sq ft, 2 BR units. Each apartment offers a well designed layout featuring spacious living and dining rms, equipped kitchens with separate gas, electric, furnaces, and central air for independent utility management. Private covered lanais overlook Wendover Street adding to the appeal for tenants. The property also includes two inspected fire escapes for safety compliance and a spacious, serene rear patio. Additionally, a full size 6th unit on the 1st floor which currently serves as a laundry and utility area, presents potential for conversion into a 6th rental unit, increasing revenue. With an estimated income potential exceeding $96,000, this property is a rare find in a desirable location, offering both immediate returns and long-term appreciation with a true 6% CAP!
Location
State PA
County Allegheny-east
Community Public Transportation
Area Squirrel Hill
Zoning RM-M
Rooms
Basement None
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Parking Features On Street
Community Features Public Transportation
Utilities Available Electricity Available, Natural Gas Available, Other, Sewer Available, Water Available
Roof Type Composition
Building
Structure Type Brick
Schools
School District Pittsburgh
Others
Financing Cash
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