For Sale

$1,200,000

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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!

Overview
  • MLS ID: 1687156
  • Garage: On-Street Parking
  • Lot Size: 54x109x53x109 m/l
  • Year Built: 1940
Property Details
Township:
Squirrel Hill
MLS ID:
1687156
School:
Pittsburgh
Property Type:
Multi-Unit
Status:
Active
Estimated Taxes:
$ 9,059
Additional Information
Bedrooms
West Penn MLS Listing Courtesy of
  • Berkshire Hathaway HomeServices The Preferred Realty
  • Last updated: 02/07/2025 6:00:43 AM
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Call Listing Agent
Listing Agent:  Lori Maffeo
 
Lori Maffeo
Mt. Lebanon Regional Office
Office #: 412-833-7700

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