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Listed by KELLER WILLIAMS STEEL CITY
$ 399,800
Est. payment | /mo
1,481 Sqft Lot
$ 399,800
Est. payment | /mo
1,481 Sqft Lot
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1743772
HOA Y/N No
Annual Tax Amount $4,928
Lot Size 1,481 Sqft
Acres 0.034
Property Sub-Type Other
Property Description
Presenting a unique and rare investment opportunity in the vibrant downtown area. This property features a well-established restaurant on the first floor, alongside five rental units spread across the upper three stories, each with separate gas and electric meters. The first floor restaurant generating a reliable income of $2,000/month. The second floor unit 2 includes a tenant lived there for a long time, paying $650/month plus gas and electric. Unit 1 on the second floor has just become vacant, previously rented at $750/month plus gas and electric, and is ready to be leased immediately for additional cash flow. The remaining three units need for renovation, offering immense potential to increase value and generate strong future income. This property presents an opportunity for investors seeking to capitalize on both immediate and long-term gains. The renovation will unlock its full income potential. Don't miss out on this rare gem!
Location
State PA
County Allegheny-east
Community Public Transportation
Area Downtown Pgh
Zoning MUL
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Parking Features On Street
Community Features Public Transportation
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Building
Structure Type Brick
Schools
School District Pittsburgh
Nearby Locations
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Geoff Smathers
REALTOR® | Lic# RS219743L