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345 Melwood Ave
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345 Melwood Ave
Oakland, PA 15213

6 beds  |  3 baths
345 Melwood Ave Pittsburgh, PA 15213 345 Melwood Ave Oakland, PA 15213Get Directions ❯
$588,888

Property Description

Zoned RM-M, this multi-unit property sits less than a mile from PITT and CMUs campuses and is zoned for 4+ units. Currently a fully-rented duplex, with a 1 bedroom/1 bath apartment, and a 4 bedroom/2 bath unit, the property offers you the potential to expand (there is a large flat backyard for the addition, see rendering of potential add on) the dwellingmany other properties on the block have been expandedby at least two units, so you could potentially have 12 rentable bedroom spaces in one of the most coveted investment locations in the city. Alley access and a 3 car detached garage behind the home offer ample off-street parking options for tenants, or an additional income source. Underutilized in its current configuration, this is the opportunity youve been looking for. Outstanding rental history, separate utilities (ex. water/sewer), many recent updates including newer a/c units. 1st Fl rent is $980, 2nd Fl $1,780 leases through July 2022.

  • Township Oakland
  • MLS ID 1512423
  • School Pittsburgh
  • Property type: Residential
  • Bedrooms 6
  • Bathrooms 3 Full
  • Status Active
  • Estimated Taxes $2,458

Additional Information

  • Rooms
    Living Room: Main Level
    Kitchen: Main Level
    Entry: Main Level
    Additional Room: Upper Level

    Bedrooms
    Master Bedroom: Upper Level
    Bedroom 2: Main Level
    Bedroom 3: Upper Level
    Bedroom 4: Upper Level
    Bedroom 5: Upper Level
  • Heating
    Gas

    Cooling
    Central Air

    Utilities
    Sewer:  Public
    Water:  Public

    Parking
    Detached Garage
    Spaces: 3

    Roofing
    Asphalt

  • Amenities
    Refrigerator
    Gas Stove
    Dish Washer

    Approximate Lot Size
    33x140 apprx Lot
    0.1071 apprx Acres
West Penn MLS  Listing Courtesy of: Compass Pennsylvania, Llc
 

Last updated: 07/26/2021 5:45:11 AM

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