Perry South@Perry North/Observatory border
Instant equity around $35k and/or cap over 10%.
City taxes extremely low.
3-4BR / 2 full BA – nicely sized (~1800 sq.Ft.)
More yardspace than city-bound folk expect.
Comes with 2 lots totaling ~.15 city acres – good for garage, easy second house (still has an address affixed of 2802), etc. (3rd adj. parcel [surely abandoned] should be easily attainable as well if desired).
It’s fully redone, & nicely. Lots of taste & money put into it (AKA not the ‘Home Depot special workup’). Granite, stainless, branded components. New mechanics from the core inc. all HVAC (central a/c-furnace-ductwork), plumbing down to the water lines, roof inc. soffit/fascia, siding, kitchen, flooring, baths, paint; 2 very freshly exposed original brick fireplaces spanning to the tall ceilings. Front & back porches are very chill. Formal DR. All BRs upstairs. Possible 4th BR in attic (it’s bright with new window, ceiling fan, carpet, etc.).
-Good for immediate 20% equity, and ~10% CAP.
–for safe calc. I did the absolute worst case of 4x the current taxes ($318/year) & averaged the rental range ($1575-$1725):
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