1586 Electric Avenue
East Pittsburgh, PA 15112
- – beds
- – baths
- – sqft
- 1920 build
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An excellent investment opportunity in a high-income producing, low turnover neighborhood. This property has dozens of updates and long term tenants who'd like to stay in place. Rents have been raised in three units since purchase due to updates, and more room is left to be able to increase rents further! This is a solid brick building with recent cosmetic as well as major mechanical and appliance updates and replacements in all four units. This property is an excellent opportunity to add to your existing investment portfolio or purchase four units in one building to start your real estate investment career with a marquis cornerstone. Excellent cap rate; don't miss a chance to purchase a property with excellent numbers and low maintenance in a desirable area of the city!
Listing courtesy of WPML / RE/MAX 360 REALTY
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Last updated May 18, 2024
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MLS# 1612364 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/29/23
Sep 29, 2023
|
Sold | WPML | $195,900 | -12.9% |
8/19/23
Aug 19, 2023
|
Sold Subject To Contingencies | WPML | $224,900 | |
8/12/23
Aug 12, 2023
|
Listed / Active | WPML | $224,900 |