329 Downing St Active Save Request In-Person Tour Request Virtual Tour
Polish Hill,PA 15219
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1695343
Style Fourplex
Year Built 1900
Annual Tax Amount $1,293
Lot Size 4,900 Sqft
Property Sub-Type Quadruplex
Property Description
Fully updated brick 4-unit building in Polish Hill, now newly rezoned as a legal quadplex with two new off-street parking pads added, creating 4 total spaces (one per unit). This prime turn-key investment opportunity offers flexible long-term rental and short-term rental potential. Unit mix includes one 3-bedroom / 1-bathroom unit, two 1-bedroom / 1-bathroom units, and one Studio apartment. Some units currently operate as successful Airbnbs. Features refreshed kitchens and bathrooms, updated mechanicals. Solid construction, tall ceilings, separate entries with coded locks, laundry in largest unit, basement storage, and shed. Located minutes from Downtown, Lawrenceville, Oakland, and the Strip District. Ideal for investors, 1031 buyers, or house hackers seeking strong returns. Estimated 8.5% cap rate using conservative HUD Fair Market Rent figures. For a complete virtual walkthrough tour, search "329 Downing St" on YouTube.
Location
State PA
County Allegheny-east
Community Public Transportation
Area Polish Hill
Zoning Multi
Exterior
Parking Features Off Street
Community Features Public Transportation
Utilities Available Electricity Available,Natural Gas Available,Sewer Available,Water Available
Roof Type Asphalt
Building
Structure Type Aluminum Siding
Schools
School District Pittsburgh
Others
Virtual Tour https://unbranded.youriguide.com/329_downing_st_pittsburgh_pa/