[Single Family] 1344 Washington Blvd — Port Vue, 15133 For Sale

  • $54,400
  • 3 beds
  • 2.5 baths
  • 1,217 sqft

an owner-occupied cute brick 1950s cape cod with an ARV of $135k for $54k?! Yep!


  • 3BR; 1,217 sq.Ft +finished basement/gameroom
  • “cute” residential street
  • South Allegheny SD
  • parking via driveway/slab
  • rare 2½ baths
  • sits right in-between Mon & Yough rivers
  • no rear neighbors
  • covered front & rear porch


subject to your level of repair/updates:

  • CAP: 12½ →15% || ARV: 135k
  • with all those bathroom & some parking you’re looking at $1,200++/month in rent
    • (*~possible 4th BR in basement = even higher)

Somewhat walkable! St. Joseph Regional Catholic, a market, bar, coffee, restaurant, bank.



comps

-this similar one sold for $139,900; while it has a garage, it’s extra-vanilla: 1305 Washington Boulevard (7 houses away)

-another around the same price and sold before the property values shot up: 906 Washington Boulevard

-[FS@$160k: 1014]

 

Needs:

  • at least 1 bathroom finished
  • carpet/paint
  • a general tightening-up / handywork
  • could make the gameroom nicer
  • kitchen decent for rental; would want to re-update if buying for resale
    there is sloping in the kitchen due to mine subsidence. sounds like a big deal but really might not be plus it’s old news, especially it being DEP-insured; see this section below for simple info on it.

*might be able to get away with a 4th BR since the basement is partially above ground w/windows:
(b) Apartment units that are located partially below ground level with windows that are at least as large as other windows in the building are permitted.





info:

-property IS insured for this yet no claim has ever put in because the sloping has not moved / has ceased when owner-occupants purchased it over 8 years ago; so yes it is likely insurable w/the same coverage; also paragraph #2 here. (& since no further damage in ownership, last sentence here.)

-it’s $105/year for $195k of coverage

-PA is one of the 3 states that offers (& encourages!!) Mine Subsidence Insurance with the Department of Environmental Protection (DEP): http://www.depgis.state.pa.us/pamsi/index.html

Examples of what DEP repairs; this is nowhere near any of those!


  • Taxes: $1,416
  • Electric: Updated
  • Plumbing: Updated
  • Kitchen: OK
  • Bath: (1) demo’d; (1) in cellar; (½) remodeled
  • Roof: 2½ yrs old
  • Furnace: boiler; replaced sometime in the ’80s
  • Hot Water Tank: 2 yrs old
  • Windows: Double-paned
  • Floors: 1.5 / CapeCod
  • Parking: Driveway/slab
  • Rental Potential: $1,250/mo
Price:
$54,400
Address:
1344 Washington Blvd
Port Vue, PA 15133
Square Feet:
1,217
Lot Size:
5,500
Bedrooms:
3
Bathrooms:
2.5
Terms:
For Sale
Property Type:
Home
Year Built:
1952
Basement:
Full; finished gameroom
Const. Type:
Brick

Call (800) 788-9882 for more details

Property Location