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Sold for $340,000 on 10/05/23
  • $340,000

    1580 Electric Ave, East Pittsburgh, PA 15112

    14beds
    10baths
    --sqft
    Multi Family
    Built in 1940
    -- sqft lot
    $441,600 Zestimate®
    $--/sqft
    $1,078 Estimated rent

    Owner options

    List your home for rent

    $1,078/mo

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    $1,078/mo

    Rent Zestimate®

    Refinance and save

    $2,163/mo

    Est. payment

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    $2,163/mo

    Est. payment

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: October 09, 2023 at 04:14pm

    Listed by:

    Ryan Shedlock 412-421-9120,

    HOWARD HANNA REAL ESTATE SERVICES

    Bought with:

    Ryan Shedlock

    HOWARD HANNA REAL ESTATE SERVICES

    Source: WPMLS,MLS#: 1583522MLS LogoOriginating MLS: West Penn Multi-List

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 10
    Features
    • Basement: Partially Finished

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Lot
    • Size: 0.33 Acres
    • Dimensions: 87 x 167
    Details
    • Parcel number: 1580 ELECTRIC AVE 218002
    • Zoning: COM
    • Zoning description: COM

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: Other
    Condition
    • Year built: 1940

    Utilities & green energy

    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

    Community & neighborhood

    Community
    • Community features: Public Transportation
    Location
    • Region: East Pittsburgh