1586 Electric Avenue, E Pittsburgh, PA 15112
- $195,900
- Sold Price
- $195,900
- List Price
- $224,900
- Status
- CLOSED
- MLS#
- WESTPENN-1612364
- Closing Date
- Sep 29, 2023
- Style
- Fourplex
- Acres
- 0.08
- Lot Size
- 3,615
- Region
- E Pittsburgh
Property Description
An excellent investment opportunity in a high-income producing, low turnover neighborhood. This property has dozens of updates and long term tenants who'd like to stay in place. Rents have been raised in three units since purchase due to updates, and more room is left to be able to increase rents further! This is a solid brick building with recent cosmetic as well as major mechanical and appliance updates and replacements in all four units. This property is an excellent opportunity to add to your existing investment portfolio or purchase four units in one building to start your real estate investment career with a marquis cornerstone. Excellent cap rate; don't miss a chance to purchase a property with excellent numbers and low maintenance in a desirable area of the city!
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Additional Information
- Taxes
- $5,093
- Lot Dimensions
- .083
- Basement
- Unfinished
- School District
- Woodland Hills
- Parking Spaces
- 3
- Parking Description
- Covered, Off Street
Mortgage Calculator
Listing courtesy of RE/MAX 360 REALTY.
Selling Office: RE/MAX 360 REALTY.
INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. Listings courtesy of WEST PENN MULTILIST, INC.