[Single Family] 261 Welsh Ave — Wilmerding, 15148 Pending

  • $47,000
  • 3 beds
  • 1 baths
  • 1,526 sqft

CLEAN – needs nothing right now. Foreseeable future also really nothing, inc. no nearing/deferred maintenance. All major (& minor!) mechanics in fine shape with good life left. Has a Goodman furnace, fresh-er siding & fencing, parking, & highly welcoming appeal (nice lot w/attractively fenced yards, decor, & landscaping; first photo represents the “glow”).


Cap >20% *without question*; make $ back in 5 years max.

Tenant is a friend that pays very little, so market rental capacity is clearly far higher, however they keep the place very clean; photos display respect for premises in/out.

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Pretty street. Isolated parking in rear *alley. Also defined parking spaces in front.
(*property line actually extends past the alley into a bit more land)

 

-3BR SFR at the borders of East McKeesport & North Versailles; next to the Westinghouse Arts Academy Charter School.
(–if you’re not too familiar w/Wilmerding, it’s nicely in the mix w/5 total borders: Monroeville, East McKeesport, North Versailles, Wall, Turtle Creek.)

 

Walkable to the small-town-famous Johnny’s (+ a few other restaurants), a general store, a bank, the post office, & Westinghouse Park. Nostalgic little area! 

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Central air. Covered front & rear porch/patio. And:

  • All components in lovely shape (H2O tank, roof, furnace, appliances,  landscaping,  fencing, siding , windows; tenant/overall upkeep).
  • Sits high up off the street; no moisture to be had.
  • Built in 1896 yet has central heat/air 🙂
  • Private backyard space for entertaining.
  • The tall 127 y/o ceilings.
  • Formal dining room.
  • Big basement w/storage room/s + bright, lofty attic.

  • Taxes: $1,278
  • Electric: Updated
  • Plumbing: Updated
  • Kitchen: Nice!
  • Bath: Updated
  • Roof: Good; 5-10 years remaining
  • Furnace: Goodman® (~12 yrs old)
  • Hot Water Tank: 7-8 yrs old
  • Windows: Double-paned minus (2) of them
  • Floors: 2.25
  • Parking: Off-street (rear) + marked; on-street (front)
  • Rental Income: $400/month-to-month
  • Rental Potential: $1,275/month is probable
Price:
$47,000
Address:
261 Welsh Ave
Wilmerding, PA 15148
Square Feet:
1,526
Lot Size:
5,200
Bedrooms:
3
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1896
Basement:
Full; unfinished (might want to seal/paint it)
Const. Type:
Frame

Additional Features

Wilmerding prop values finally caught a bump to the 5-figure range with the rest of the eastern suburbs :) so flipping for some fast dollar$ is now also an option.

Call (800) 788-9882 for more details

Property Location