[Single Family] 7150 Kedron St — Homewood North / East End, 15208 For Sale

  • $57,500
  • 5 beds
  • 2 baths
  • 2,052 sqft

Keep the history alive alongside the community redev efforts by proudly owning one of the endangered Single-Families of Homewood!! In Ward 13 / Pittsburgh City Limits–somewhere between a HandyMan Special & a revamp || has somewhat newer furnace & hot water tank, updated electric + plumbing, original components, & a welcomed ton of natural character.


Property:

  • 5-BR/2 full BA in Heart of Homewood with upper bay window
  • covered back patio & decent fenced yard
  • original 100+ year-old doors and other decorative/functional property features
  • central heat, BRYANT
  • reside on a pretty prominent East End street
    –extremely central; in city limits

 

#s

If buying to restore-sell: ARV will likely scrape $200k; I gauge a min. ARV of $185k but you can really make the call with it being 1 of a few of its type left. (If this property hit Point Breeze borders it would have an ARV of about $1M!!)

* rent-ready repairs/updates est. 16.5% cap at $1,550/month rent (15-20% higher if you swing some HACP accessible features)

* nice restoration/updates for resale est. cash return between $75k & $90k



Neighborhood + Area Redevelopment

-Wholesome area, in a Sea of Churches & development/redevelopment.

-Homewood is now in Stage 5 of the Homewood Comprehensive Community Plan. The plan paired w/community vigilance secured some protection of historic dwellings for area preservation, so the home has potential to reside with the other rehabbed showpieces (https://pittsburghpa.gov/dcp/homewood-plan).

Newer properties resultant of the effort have been selling over $200k for some time now.


Photos, comps, & locale say it all; these particular 15208 properties go very quickly so I will prioritize walking you through.


  • Taxes: $1,082
  • Electric: Updated
  • Plumbing: Updated
  • Kitchen: Needs updating
  • Bath: Needs updating (2)
  • Roof: 13 yrs old
  • Furnace: 6 yrs old
  • Hot Water Tank: 5 yrs old
  • Windows: Double-paned
  • Floors: 2.5
  • Parking: On-street, PLENTY
  • Rental Income: vacant; WAS $1,200/mo
  • Rental Potential: $1,425-$1,850/mo
Price:
$57,500
Address:
7150 Kedron St
Homewood North / East End, PA 15208
Square Feet:
2,052
Lot Size:
2,325
Bedrooms:
5
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1915
Basement:
Full; unfinished
Const. Type:
Brick

Call (800) 788-9882 for more details

Property Location