[Single Family] 1629 Lee Ave — McKeesport, 15132 Pending

  • $38,000
  • 3 beds
  • 1.75 baths
  • 1,328 sqft

A cute ‘n clean 3BR/1.5+BA on the block of the Carnegie Library [of McKeesport].

 

Outside:

Brand new wooden deck, steps, & fence.

Covered front + rear porches.

 

 

Kitchen:

Clean & tight with rosewood cabinets, flat-top stainless range, etc. Photos show it well.

 

 

Bathrooms:

½ bathroom was updated >10 years ago but it still looks good.

Main bath is dated but is appropriate for the rental.

Bonus PittsburghToilet.

 

Your recognized expenses will likely come down to rewiring, and a roof (not problematic, merely getting ancient), but the small roofs over the porch (front) & the kitchen (rear) are newer. Priced under 50% of market value per these 2 non-urgent mechanical items; other than them it’s entirely rental-sufficient functionally & cosmetically, and it’s been rented to nice, good, clean tenants for YEARS at $650/month.

 

The furnace is a glorious antique monster you’ll want to keep maintained as not only do they “not build ‘em like this anymore”, they’ll “never build ‘em like this again”. Probably worth quite a bit too (Mueller Climatrol).

 

 

*Other fruitful bits:
Hot water tank is being replaced, so it will be brand new by closing.
-Total annual taxes just crest $600.
-Cap is a hair over 14% at the $650 per month it gathers, however probably will land right at 10% after you do repairs.

 


  • Taxes: $614
  • Electric: Most needs updating
  • Plumbing: Updated
  • Kitchen: Updated
  • Bath: (1/main) dated but decent; (½) ~updated/good; (¼) Pgh. Toilet
  • Roof: Will need replacing
  • Furnace: Original and Awesome
  • Hot Water Tank: BRAND NEW *01/2023
  • Windows: Double-paned
  • Floors: 2
  • Parking: Easy on-street
  • Rental Income: $650/mo
Price:
$38,000
Address:
1629 Lee Ave
McKeesport, PA 15132
Square Feet:
1,328
Lot Size:
3,300
Bedrooms:
3
Bathrooms:
1.75
Terms:
For Sale
Property Type:
Home
Year Built:
1900
Basement:
Full; unfinished
Const. Type:
Frame

Additional Features

(Lee Avenue/Street is AKA Library Avenue/Street)

Call (800) 788-9882 for more details

Property Location