Unique value add investment opportunity for the savvy investor! New roof in 2023! This property has four residential units and 16 garages! 100% occupied! There are two 1br units and two 2br units. Gas and electric is separate and tenants can pay directly. Water and sewer are landlord responsibility and these expenses are recouped by a utility reimbursement fee imposed on the tenants. The two 1 bedroom units are in great shape and well kept. The two 2 bedroom units could use updating at turnover. All garages are rented and present an opportunity for upgrades and increased rent. Long term tenants in place. Access to the gravel parking lot where all the garages are located is from High st. Can you see the potential?
Sold for $385,000 on 11/25/24
$385,000
38-40 Walnut St, Pittsburgh, PA 15223
6beds
4baths
--sqft
Quadruplex, Multi Family, Multi Family
Built in 1900
-- sqft lot
$394,700 Zestimate®
$--/sqft
$1,114 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: November 26, 2024 at 06:34am
Listed by:
Nicholas Griffith 844-727-2677,
ARBORS REAL ESTATE, LLC
Bought with:
Andrew Dellavecchia, RS324050
RE/MAX SELECT REALTY
Source: WPMLS,MLS#: 1674380
Originating MLS: West Penn Multi-List

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Features
- Has basement: Yes
Property
Parking
- Parking features: Common, Detached, Garage, On Street
- Has garage: Yes
- Has uncovered spaces: Yes
Lot
- Size: 0.42 Acres
- Dimensions: 0.4191
Details
- Parcel number: 0167E00345000000
- Zoning: RES
- Zoning description: RES
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Roof: Asphalt
Condition
- Year built: 1900
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & neighborhood
Community
- Community features: Public Transportation
Location
- Region: Pittsburgh