[Duplex] 1804-1806 Rhine St Spring Hill – City View, 15212 Pending

  • $54,500
  • 4 beds
  • 3 baths
  • 1,584 sqft

Carpenter-owned, managed, & remodeled CityView duplex; just vacated after gathering $1,275/month in rent even when it was outdated. Market min. rent of $1,125/side at ARV will put you at min. 27% cap, especially with the rarity of the parking/lot size & the 2nd ½-bath in each unit.


Chronological photo reel will tell the story of the *contrasting sides*:

-one ¾-remodeled+
-1 essentially a full-gut

Good components (hot water tanks, furnaces, roof, etc.).


Identical sides:

  • LL: Full baths & 1st BR
  • ML: ½-bath, kitchen, living room
  • UL: the 2nd BR
  • Walkout basements
  • Shared large shed
  • Basement laundry
  • Double-lot – over ¼-acre(!!)
  • Separate front entrances under covered porch (both front+rear)
  • Off-street parking on BOTH sides of the property – 1 side for each unit!!

3rd floor of the actively remodeled unit just needs the bedroom finished; rest is done (kitchen, both baths, new flooring .. ) [pictured midway through reel].

Sample scenarios:

keyword: duplex comps

Finish it off for up to a $60k+ return or 27%+ CAP in the CityView / NorthSide location most desire:       

  • I-279 ¾-mile
  • Taxes under $1k/year
  • Of course per the neighborhood name, an astonishing city view
  •  ~half of the windows were replaced   
  • Right on the busline; CMU, Pitt, Carlow, Duquesne, CCAC, Point
  • Park all a ≈24→39-minute ride
  • BIG lot w/big parking & big yard
  • Rent for $$ back in about 4 years or sell it for $100k more than asking price whenever you fix the other side

The #6 bus to Downtown is actually at both ends of the block … @Yetta & @Steine both a ≈300-foot walk.


  • Taxes: $763
  • Electric: Updated
  • Plumbing: Updated
  • Kitchen: (1) Updated; (1) Needs updating
  • Bath: (2) Remodeled; (2) Need updating
  • Roof: 20 yrs old
  • Furnace: (1) 5 yrs old; (1) 10 yrs old
  • Hot Water Tank: 9 yrs old (both)
  • Windows: Mixed
  • (2) 2 BR / 1.5 BA
  • Floors: 2.25
  • Parking: Off-street (lots!)
  • Rental Potential: $2,250/mo TOTAL
Price:
$54,500
Address:
1804-1806 Rhine St
Spring Hill - City View, PA 15212
Square Feet:
1,584
Lot Size:
11,543
Bedrooms:
4
Bathrooms:
3
Terms:
For Sale
Property Type:
Duplex
Year Built:
1930
Basement:
Full; finished
Const. Type:
Frame

Additional Features

I was tempted to buy this DX myself; nice little area!!

Call (800) 788-9882 for more details

Property Location