[SFR + DX] 117 & 119 Cohassett St — Mt. Washington, 15211 For Sale

  • $345,000
  • 6 beds
  • 3 baths
  • 1,544 (119); 1,572 (117) sqft

Big corner double-parcel lot at Cohassett@Grandview.
Has some Off-Street parking!

 

-117 & 119 Cohassett Street, 15211

-2 parcels, attached, deeded separately as DX+SFR

**CLICK FOR ALL PHOTOS

 

Two long-time renowned family rental properties right at the top of Mount Washington across from the LeMont lot.

 

6-7 total bedrooms across three rentals: a 3-4BR single family & a 3BR duplex.

Obviously perpetually occupied. Bonus 3-year-old roof.

 

119 – the DX

  • 1BR
    • $930+gas/elec.
    • is between tenants – 1st floor
  • 2BR
    • $989+elec. (all’s elec.)
    • M2M now – 2nd/3rd floors

 

117 – the SFR

  • 3BR+office or “crib room”
    • $1,200/month
    • tenants usually pay all utilities
    • LL pays water currently, next one needn’t
    • city just redid the water line!
    • gas line also done a couple years ago
    • 1.5-year-old furnace for 2nd/3rd floor
    • second furnace for 1st floor/bsmt. is older BUT can take a/c w/a compressor!

 

CAP at mkt. min. $4.2k total rent (~1.8k + 1.3k + 1.1k) est. 9.6%. Gauge it when you see it of course, but updating options are pretty clear to grab it 50% higher, nearer $4.7k (~2k + 1.4k + 1.3k). Or right now it sits As-Is just under 8% cap at if you update nothing. Exs. in pic reel.

 

Resale value: up to 2x (comps average close to package price for ONE dwelling; RQ report)
Repairs: some, not exorbitant
Zoning/Occ.: both buildings permitted/all units of legal occ.


House & upstairs-apt. tenants have been there 2 years. Downstairs unit’s empty yet will be rented by closing at your request👍 (it’ll also be on Project HOPE pre-Sxn.8👍!)
**proof of funds preferred before showing.


  • Taxes: $2,961 ($1,376+$1,585)
  • Electric: Updated (all)
  • Plumbing: Updated (all)
  • Kitchen: OK (all)
  • Bath: Need updating (all)
  • Roof: 3 yrs old
  • Furnace: (1) 1.5; (1) older
  • Hot Water Tank: 6 yrs old (all)
  • Windows: Double-Paned; older
  • Floors: 2+
  • 6 BR/3 BA Total
    • DX:
      (1) 2BR/1BA
      (1) 1BR/1BA
    • SFR:
      3BR/1BA 
  • Parking: Off-Street & On-Street
  • Rental Income: 2/3 rented, can be fully by close
  • Rental Potential: $4,200 – $4,675/mo
Price:
$345,000
Address:
117 & 119 Cohassett St
Mt. Washington, PA 15211
Square Feet:
1,544 (119); 1,572 (117)
Lot Size:
6,691 (1,872+4,819)
Bedrooms:
6
Bathrooms:
3
Terms:
For Sale
Property Type:
Multi-family
Year Built:
1930
Basement:
Full (all)
Const. Type:
Frame (all)

Call (800) 788-9882 for more details

Property Location