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1580 Electric Ave
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1580 Electric Ave
E. Pittsburgh, PA 15112

1580 Electric Ave East Pittsburgh, PA 15112 1580 Electric Ave E. Pittsburgh, PA 15112Get Directions ❯
$375,000

Property Description

Must See- Solid brick 10 unit building conveniently located in the heart of East Pittsburgh. Perfect for an investor looking for a great cash flow and value add opportunity. Put forth the effort to rehab units and achieve prime market rents. 2/10 units are currently occupied, 2 units are ready to rent, and the other 6 will need cosmetic renovations to prepare for new renters. 2 Units on Basement Floor (Left Side and Right Side). 4 Units on Floor 1 (101-104) and 4 Units on Floor 2 (201-204). Each Floor has one set of Coin Op Laundry. Electric is split. Brand new high-efficiency boiler and 2 newer hot water tanks. New concrete steps are being installed in the front of the building. Owner currently pays gas, water and sewer. On street parking. This is a rare find, ideal for any investment portfolio!

  • Township E. Pittsburgh
  • MLS ID 1583522
  • Property type: MUL
  • Status Active
  • Estimated Taxes $12,699

Additional Information

  • Owner's P & L
    Gross Annual Income: $0

    Vacancy Percentage:

    Net Operation Income: $0

    Estimate Annual Taxes: $12,699

    Aproximate Lot Size
    87X167

    Status
     Active

  • Units Available: 10
    Unit # Bedrooms Full Baths Half Baths Rent
    1 1 1 0 OCC
    2 1 1 0 OCC
    3 1 1 0 VAC
    4 1 1 0 VAC
    5 1 1 0 VAC
    6 1 1 0 VAC
    7 2 1 0 VAC
    8 2 1 0 VAC
    9 2 1 0 VAC
    10 2 1 0 VAC
  • Utilities
    Gas
    Water
    Electric
    Sewer

  • Transportation
    School: 1
    Public: 1

West Penn MLS  Listing Courtesy of: Howard Hanna Real Estate Services
 

Last updated: 11/14/2022 5:05:11 AM

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