[Duplex] 1220 Kennedy Ave Duquesne, 15110 For Sale

  • $19,000
  • 3 beds
  • 2 baths
  • 1,560 sqft

Up/Down duplex – converted 4BR SFR to 2 units.


Keys:

  • HUGE highlight: fully rewired
  • newly plumbed, inc. for washer & dryer
  • ALL rehab started; most new drywall in!
  • can add garage or parking pad – open space in alley (see photo)

Vacant, newly converted 3BR DX @the Duquesne-W. Mifflin border. Work started; needs finished.

  • cheap taxes: $918/year
  • central heat
    • go for central air when you put a new furnace in
  • Up-&-Down – 2BR (up), 1BR (down)
  • lovely wraparound covered porch
  • nice residential brick road
  • all parts there are in good shape, some even newer

Proximities:

  • 5 miles: Allegheny County Airport
  • 1 minute:
    • Churches
    • Coffee/food/bar
    • West Mifflin
  • 5 minutes:
    • Kennywood
  • 13 minutes:
    • Waterfront
  • check aerial view pic for bus stop locations right in front!

 

ARV: $76k. Can creatively find comps; some SFR-converts to DXs still not reflected in property records see 6th pic in reel for comps of zoned duplexes
(seems about right w/the immediate SFR comps averaging right @$100k).

 

Rental capacity: $1375/month @ average comps of $725/2BR, $650/1BR

(might be able to grab a little more if you go wild w/the rehab).

 

CAP/repair costs:

  • CAP: 22.25% 24%
  • Est. repair: $26k $31k
    • *even if you live in ½, can still enjoy a cap of ≈12%

 Make your money back in 4-5 years 😮

 

HAS:

  • brand-new:
    • wiring
    • plumbing
    • drywall
  • a good H2O tank
  • potential off-street parking

 

IS:

  • the cheapest duplex within miles

 

NEEDS:

  1. Kitchens & baths finished – some parts are there (eg, cabinets, tubs)
  2. Flooring – refinish HW and/or add carpet
  3. Furnace
  4. Rezoned; work is nearly done – segregated electric, etc.

 

 More #s:

A comparable Duquesne DX sold for $58k – updated OK; another renovated 4/2 brick for $78k. A duplex converted to SFR for $90k, so it’s pretty good.


  • Taxes: $918
  • Electric: Updated
  • Plumbing: Updated
  • Kitchen: Needs installation/finishing (both)
  • Bath: Needs installation/finishing (both)
  • Roof: Good; approx. 18 yrs old
  • Furnace: Missing; needs one
  • Hot Water Tank: 5 yrs old
  • Windows: Single-paned
  • (1) 2 BR / 1 BA; (1) 1 BR / 1 BA
  • Floors: 2
  • Parking: On-street / off-street
  • Rental Potential: $1,375/mo TOTAL
Price:
$19,000
Address:
1220 Kennedy Ave
Duquesne, PA 15110
Square Feet:
1,560
Lot Size:
4,876
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1915
Basement:
Full; unfinished
Const. Type:
Frame

Call (800) 788-9882 for more details

Property Location