5012 Grand Ave
PA 15225

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This property is a 5 unit property that currently has one tenant. It is zoned commercial 5-19 unit per the Allegheny County assessment page. The Neville Island Municipal Building is located right next door to this property. Right now, two units are able to be leased out of the 5 total units due to the requirement of 2 parking spots per unit as well as the basement units needing additional ingress & egress changes. This would be an affordable fix, however, without the cooperation of Neville Island Municipality to allow all units to be occupied due to the parking, the work has not been completed. The investment opportunity would be significant if someone got the variance or if they found an additional use for the property. The building is in great condition with newer roof installed this year.

West Penn Multi List logo Listing courtesy of WPML / BERKSHIRE HATHAWAY THE PREFERRED REALTY

Last checked: Checking… • Last updated Apr 23, 2024 •

MLS# 1581229 —

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Sale history

Date Event Source Price % Change
7/7/23
Pending WPML $78,000
7/7/23
Sold WPML $78,000 -13.3%
3/26/23
Sold Subject To Contingencies WPML $90,000

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Multifamily Sold on 7/7/2023

$78,000

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Listing provided by broker:

Nicholas Fix

BERKSHIRE HATHAWAY THE PREFERRED REALTY

724-941-3340

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