-3BR speaks for itself in Beechview with a 1½-block-walk to Broadway
-long-time, well-known landlord’s final piece of liquidation
Current tenants pay $1,250/month plus all utilities inc. H2O/sewage. Has a deep covered porch, walkout basement, mudroom, and a shocking amount of street parking for the area.
The only sure expense atop sales price for you to bear will be to replace the roof – not broken yet, just old, so replace it before any issues. Probable auxiliary expenses will be carpet/paint upon moveout.
-§§-
- Broadway Avenue ≈950 feet
- Banksville Road ½-mile
- West Liberty Avenue ½-mile
- Potomoc Avenue/Dormont <1 mile
for non-local investors:
- outstanding public trans (bus & rail)
- the roads in the above list are the renowned main drags in city limits south of Downtown Pittsburgh
- Beechview – Pittsburgh, PA – Niche
Stuff:
- respectful, timely tenants throughout property’s tenure
- property in very good → great condition
- brand new backyard fence
- all windows are double-paned
- central heat
- lots of small updates 2 years ago
- tenants will be moving-out shortly “ONLY because [they] need to relocate”
City taxes likely to stay the same; the neighbor’s 2022 assessment didn’t move after 12/2021 $227k sale (photos for ref :1820 Realty Avenue, Pittsburgh 15216 | MLS).
Things to do:
- the mentioned roof before re-renting/selling or moving in – should be piece of cake per pending vacancy
- kitchen & bath can afford facelifts per your preference; otherwise rents at $1,250 as it sits
Prop is a gem; will appreciate the property & the quiet neighborhood further upon seeing it in-the-flesh.
- Taxes: $1,403
- Electric: Updated
- Plumbing: Updated
- Kitchen: OK
- Bath: OK
- Roof: Will need replacing
- Furnace: 20 yrs old
- Hot Water Tank: 6 yrs old
- Windows: Double-paned
- Floors: 2
- Parking: On-street
- Rental Income: $1,250/mo + ALL utilities