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1529 Federal St
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1529 Federal St
Central North Side, PA 15212

1529 Federal St Pittsburgh, PA 15212 1529 Federal St Central North Side, PA 15212Get Directions ❯
$799,900

Property Description

Developer's dream opportunity! Receive cash flow from the fully tenanted buildings while you design & build on the vacant lots that are included. 4 beautifully renovated loft-style warehouse apartments on 2nd & 3rd floor, w/9 foot ceilings, exposed brick, exposed ductwork, w/d in unit, central heating & cooling in each unit, French doors that lead to the Rapunzel balcony of the city view! Hardwood floors, entry door call box to let guests in building. A short walk to Carnegie Library, AGH, local parks, PNC Park, Heinz Field, Western Ave nightlife, Aviary, walking/bike trails. Upside w/room to increase Comm & Res rents. The vacant lots are the icing w/7 vacant parcels totaling 12,860 sq ft. Develop new townhomes in the Mexican War Streets w/out the additional constraints of the Historic District. There are 2 URA lots contiguous to the land that could add 1720 more sq ft for development. Potential for 10 or more townhomes. New construction homes surround this property in every direction!

  • Township Central North Side
  • MLS ID 1530975
  • Property type: MUL
  • Status Active
  • Estimated Taxes $11,995

Additional Information

  • Owner's P & L
    Gross Annual Income: $73,800

    Vacancy Percentage: 0

    Net Operation Income: $47,855

    Estimate Annual Taxes: $11,995

    Aproximate Lot Size
    0.0523

    Status
     Active

  • Units Available: 4
    Unit # Bedrooms Full Baths Half Baths Rent
    1 1 1 0 $900
    2 1 1 0 $925
    3 2 1 0 $1050
    4 2 1 0 $1175
    5 0 0 0 $1100
    6 0 0 0 $400
    7 0 0 0 $600
  • Utilities
    Gas
    Water
    Electric
    Sewer

  • Parking
    8 - Off-Street Parking

    Transportation
    School: 1
    Public: 1

West Penn MLS  Listing Courtesy of: Southbound Enterprises Llc
 

Last updated: 11/29/2021 5:33:23 AM

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