[Duplex] 87 Baldwick Rd Oakwood/Crafton, 15205 Pending

  • $103,000
  • 4 beds
  • 2 baths
  • 2,450 sqft

Partially rented nice duplex (w/possibility of 3rd unit), between Greentree & Crafton


Dwelling:

  • LARGE nearly precise ¼-acre corner lot with two parking pads & big usable yards
  • Somewhat private; no neighbors to one side, rear, or across street
  • 1 long-term tenant, other tenant moving shortly
  • Walkout basement
  • Big covered front porch
  • All utilities separate except water, which LL pays

Smaller/lower 1BR unit:

  • rented for $500+utilities (electric) month-to-month
  • tenant has been there >12 years
  • baseboard heating

Large/2-story 3BR unit:

  • was rented for $700+utilities (electric+gas); tenant is in process of moving out
  • forced air/central heat
  • large kitchen & living room
  • sunroom!!

Location/proximities:

  • 12 min to downtown, which can be achieved without taking I-376 *or* PA-65
  • Bus-Walk-Drive; ¾- mile to West Busway / Crafton Station C
  • I-279, I-79, PA-51/US-19, Robinson Township, West End, Station Square, Mt. Washington, NorthShore, etc. all within 10 minutes; PIT (airport) 15 minutes
  • A+ location: everything within 1 mile – including all the Crafton goodies
  • ~1 second to Oakwood Park/Baseball Field

-Get 2x+ the rent on at least the upper unit either at market or by splitting it into 2 units (should be easy zone to triplex).

-When/if 1BR vacates  you’re looking at min. $750/month in it current condition; ex.

#s somewhat reserved, you’re looking at a min. cap of 12% to over 17% depending on what you do. Quick miniflip also an option per comps.

Healthy Oakwood/Crafton area ARV with similar frame duplexes on the same street going for $160k. Plenty of multi-unit comps in the Crafton Park-area over $200k.

 

Baldwick = the dividing road between Pittsburgh & Crafton / other side of the street is Crafton Borough; have the Crafton life with about ½ of their taxes!!



(see end of reel for older photos of vacant upper unit+converted attic)


  • Taxes: $1,387
  • Electric: Updated
  • Plumbing: Updated
  • Kitchen: Sufficient (both)
  • Bath: Sufficient (both)
  • Roof: 13 yrs old
  • Furnace: 25 yrs old
  • Hot Water Tank: (1) 5 yrs old; (1) 7 yrs old
  • Windows: Double-paned minus 4 original (good shape!!) in UL kitchen
  • Floors: 3
  • 4 BR/2 BA Total
    • [1] 3 BR/1 BA
    • [1] 1 BR/1 BA
  • Parking: Off-street / 2 parking pads
  • Rental Income: $1,200 total/mo+utilities
Price:
$103,000
Address:
87 Baldwick Rd
Oakwood/Crafton, PA 15205
Square Feet:
2,450
Lot Size:
10,250
Bedrooms:
4
Bathrooms:
2
Terms:
For Sale
Property Type:
Multi-family
Year Built:
1920
Basement:
Full; unfinished
Const. Type:
Frame/asbestos

Call (800) 788-9882 for more details

Property Location