Bought with HOWARD HANNA REAL ESTATE SERVICES
For more information regarding the value of a property, please contact us for a free consultation.
1580 Electric Ave E Pittsburgh, PA 15112
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $340,000
Property Type Single Family Home
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1583522
Sold Date 10/05/23
HOA Y/N No
Year Built 1940
Annual Tax Amount $12,699
Property Sub-Type Other
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!
Location
State PA
County Allegheny-east
Community Public Transportation
Area E Pittsburgh
Zoning COM
Rooms
Basement Partially Finished
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
Roof Type Other
Building
Structure Type Brick
Schools
School District Woodland Hills
Others
Financing Private
Read Less
