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!
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
What's special
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#: 1583522
Originating 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