[Multi-Unit (3-4)] 618 Seagirt St East Hills, 15221 For Sale

  • $22,900
  • 4 beds
  • 4 baths
  • 2,052 sqft

Vacant for about a year – needs most of a rehab.

It was a 3BR/3BA  triplex when last zoned; was then converted to house – now has the potential for 4 units (4 bedrooms, 4 bathrooms) + the potential for a pretty massive return.

Perks:

  • Exceptionally spacious lot per the area
  • Large 2-car garage + 2 parking pads
  • 2 porches (F/R)
  • Central heat
  • Large lot w/only 1 neighbor
  • City limits (Ward 13) – keep the low taxes!!
  • ARV far greater than all-in
  • CAP potential up to 25¼% even with $100k in 

 

Part of it was rented ≈1 year ago for $1,100/month (ie, not all rooms functional).

Zone it however you want (SFR, DX, TRX, QRX).

 

It has a new roof & back steps, however there is water damage in the property (see photos) since the roofer didn’t complete the job.

Nostalgia remains in woodwork, tall ceilings, big & bright rooms – lots of natural light.
Great appeal at the curb & on a pleasant street lined with brick rentals on 1 side, big & unique properties on the other.

 

For what it might show for its value, I just sold this full rehab: 2x the work, 2x the price:
1208 Center Street, 15221


  • Taxes: $1,107
  • Electric: Updated
  • Plumbing: Needs some updating
  • Kitchen: Not the worst; needs updating
  • Bath: (All) Needs Updating
  • Roof: New, but might need replacing
  • Furnace: ≈8 yrs old
  • Hot Water Tank: >10 yrs old
  • Windows: Double Paned
  • Floors: 2.5
  • Parking: TONS (2-car+ detached garage & 2+ parking pads)
  • Rental Potential: up to $3,300/mo total ($825/unit – Market; $706/unit – Sec.8)
Price:
$22,900
Address:
618 Seagirt St
East Hills, PA 15221
Square Feet:
2,052
Lot Size:
4,920
Bedrooms:
4
Bathrooms:
4
Terms:
For Sale
Property Type:
Multi-family
Year Built:
1920
Basement:
Full; somewhat elevated
Const. Type:
Brick

Call (800) 788-9882 for more details

Property Location