versatile prop w/new quality parts – bones in place for EZ convert to 2+ units, B&B; build parking and/or dwellings on the 3 parcels; hold/live in it As-Is or play with its many available options (ex., live in it while you build yourself another fresh property & big*ss garage on the adj. lots, then AirBnB it after :> )
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Observatory Hill-area/Perry South. As-Is good for ~$50k equity, ~11% CAP, or a beautiful spot to live in yourself that’s about 2 seconds from the city/downtown & North Shore.
–Move-in–ready 3-4–BR on three (3) lots totaling ~0.2 acres in city limits.
–Quality new mechanics. Formal dining room. Porches front & rear – chill/grill/beer.
–All bedrooms on upper level. Possible 4th BR in bright attic (also fresh w/new window, ceiling fan, carpet).
–Full bathroom on the main floor + another full guy that lives on the 2nd floor with the 3 BRs.
–Not a Home-Depot–flip, owned long-term & A+ rehabbed by a fellow investor.
- yet to be lived in with the fresh parts
- LOW city taxes
- BOTH adj. city lots have now been acquired, so this property (2806) now comes with 2802 and 2800 Perrysville Avenue (still addressed since they’re obviously still utility-ready!)
–New everything from the core inc. HVAC, plumbing down to the water lines, roof/soffit/fascia, siding, kitchen (w/granite, stainless, name brands), flooring, baths, and two (2) freshly exposed original brick fireplaces (surprises found during rehab!) spanning to tall ceilings.
–Plenty of space to have your way with the 2 *extra included vacant lots if you’re looking to build a suite or another investment property, a garage, 1 of each, 2 houses, 2 garages, etc.
—*Comes with 3 parcels totaling nearly 9k sq.ft.; main residence is on 3,240, 2nd parcel is identically sized, 3rd is 2,160. Total extra land 5,400 sq.Ft.
Could bank if you turn it into a B&B/AirBnB (or set of them) with “yards, a ‘private oasis’, central air, chef’s kitchen, covered porches, & off-street parking in the city”🤑🫰
Property valuation for 2806 Perrysville Ave., 15214.
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Drawn boundary which encompasses properties on or just off Perrysville Ave./Marshall Ave.
- Z_comps
- 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/
Area rents good; ex. 2813 Perrysville Ave. for $1,850
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Avg. distance from Subject = 0.29 miles (RQ; 19#; condos, town/rowhouses. DX, SFR):
Overall it marks at $2-300k depending on season & workmanship..
- Taxes: $324
- 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: $1,625-$1,875/mo