[Single Family + Lot] 2806 (& 2802) Perrysville Ave —- Perry South, 15214 For Sale

  • $161k||OBO
  • 3 beds
  • 2 baths
  • 1,835 sqft

Perry Hilltop@Observatory border. Good at the immediate moment for ~$35k equity and ~10% CAP.

Currently a 3-4BR / 2 full BA >1,800 sq.Ft. SFR with the option to convert it back into a duplex, also the potential for profitable use as an AirBnB in Pittsburgh city limits.


Property is *currently a stylishly renovated SFR with quality new mechanics from the core inc. all HVAC, plumbing down to the water lines, roof inc. soffit/fascia, siding, kitchen (w/granite, stainless, name brands), flooring, baths, and 2 freshly exposed original brick fireplaces spanning to the tall ceilings. Formal dining room. Chill-out porches front & rear. All bedrooms on upper level. Possible 4th BR in attic (bright, new window, ceiling fan, carpet, etc.).

 

  • Recent remodel (not a Home-Depot–Special).
  • Instant equity around $37k and/or cap over 10%.
  • Gloriously low city taxes!
  • Attractive yard with easy potential for building options (still has a real address of #2802).
    • Extra lot purchased from the city is included in this sale; land totals ~0.15 acres & would be good for building a garage or second dwelling; you’d also have rights to grab the 3rd lot next to it whenever the city offers it up for a triple-parcel sized at 8,640 sq.Ft. (~0.2 acres).

 

*Has multiple-multi options:

  1. it’s a 3-4BR lovely SFR
    –which is set up with the option for it to be–
  2. turned right back into a duplex if desired; last owner purposely left all structures in place to convert it back to 2 units during remodel (didn’t tear out the 2x4s or anything that would make it a chore to re-establish as a multi, just drywalled over)
  3. an AirBnB (or set of them) in Pgh. city limits with a yard, central air, covered porches, & maybe parking could be another largely profitable move to consider


Property valuation for 2806 Perrysville Ave., 15214.

__

Drawn boundary which encompasses properties on or just off Perrysville Ave./Marshall Ave.

  • Z_comps
    some criteria:
    –max sqFt.: 2.5k
    –max build yr.: 1949
    –types: some attached, some detached

Recent sale in the nearest prox. (~600 feet):

https://www.zillow.com/homedetails/2904-Perrysville-Ave-Pittsburgh-PA-15214/11609886_zpid/

Avg. distance from Subject = 0.31 miles (RQ; 1-10):

 

Overall it’s gauged right under or at the $200k mark.

There is unique further support with higher comps in Marshall-Shadeland despite its lower median income.


  • Taxes: $318
  • Electric: Updated
  • Plumbing: Updated
  • Kitchen: New
  • Bath: New (both)
  • Roof: New inc. soffit/fascia
  • Furnace: all HVAC components new or newer
  • Hot Water Tank: 6 yrs old
  • Windows: Double-paned; newer
  • Floors: 2.5
  • Parking: On-&-off/street
  • Rental Potential: $1,575 – $1,725/mo
Price:
$161k||OBO
Address:
Perrysville Ave
Perry South, PA 15214
Square Feet:
1,835
Lot Size:
6,480 (3,240*2)
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1900
Basement:
Full; unfinished
Const. Type:
Frame

Call (800) 788-9882 for more details

Property Location