[Duplex] 1368 – 1370 Traymore Ave — Wilkinsburg, 15221 Pending

  • $69,950
  • 4 beds
  • 2 baths
  • 1,984 sqft

rented duplex in the Opportunity Zone!!

 

-Location is phenomenal: right next to the WTAE station on Ardmore Boulevard (right over the borders of Edgewood/Forest Hills/Churchill).

-About 1 second from I-376.

-Separate entrances & utilities.

-Roof & hot water tanks only 5 years-old; furnaces also newer & 90% efficient (central heat!).

-Gathers $1,430/month.

 

Tenants pay gas & electric; landlord pays water/sewage + garbage.

 

3BR/1BA unit:

  • tenant has been there for over 3 years
  • pays $840/month

 

1BR/1BAunit:

  • tenant renewed 2nd-year lease
  • pays $590/month


Has a 15% cap rate right now. Cap as the Wilkinsburg market matures might push closer to 23%.


Doesn’t really need anything except windows eventually; they’re fine but older.

  • Hardwood floors throughout both units
  • All electric/plumbing in good shape
  • Level lot
  • Large covered front porch houses
  • Tall ceilings
  • OG hardwood + fireplace

Pretty nice street w/big unique houses & multis. Also see 4th photo in for how central: sits in the middle of Forest Hills, Wilkinsburg, Point Breeze, Edgewood, Regent Square, Churchill Valley, etc.


*Supremely solid investor of mine only asking to break even; steal of a Wilkinsburg duplex.


  • Taxes: $2,137
  • Electric: Updated (all)
  • Plumbing: Good (all)
  • Kitchen: Decent (both)
  • Bath: Decent (both)
  • Roof: Part shingle, part flat; all 5 yrs old
  • Furnace: (1) 2 yrs old; (1) 10 yrs old [both Goodman]
  • Hot Water Tank: 5 yrs old (both)
  • Windows: Single-paned; (1) older, (1) original
  • (1) 3 BR / 1 BA; (1) 1 BR / 1 BA
  • Floors: 2
  • Parking: On-street
  • Rental Income:  $1,430/mo
Price:
$69,950
Address:
1368 - 1370 Traymore Ave
Wilkinsburg, PA 15221
Square Feet:
1,984
Lot Size:
3,500
Bedrooms:
4
Bathrooms:
2
Terms:
For Sale
Property Type:
Duplex
Year Built:
1900
Basement:
Full; unfinished
Const. Type:
Brick/masonry/frame

Call (800) 788-9882 for more details

Property Location