E Pittsburgh, PA 15112,516 Ridge Avenue
E Pittsburgh, PA 15112,516 Ridge Avenue
E Pittsburgh, PA 15112,516 Ridge Avenue
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Listed by RE/MAX SELECT REALTY
$200,000
Est. payment /mo
5,009 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 1723464

HOA Y/N No

Year Built 1920

Annual Tax Amount $2,560

Lot Size 5,009 Sqft

Acres 0.115

Property Sub-Type Triplex

Property Description

Fantastic three-unit brick building situated on a double-level lot, offering room for potential off-street parking or a tenant outdoor space.
The first-floor unit features three bedrooms, while the second floor offers both a one-bedroom and a two-bedroom unit. The owner has remodeled the units with updated flooring and fresh paint, creating clean and move-in-ready spaces. Each unit has separate utilities, including three heating boilers, hot water tanks, and three electric/water meters. Age of mechanics vary with some recently updated. Current rents are estimated based on past performance, with potential to explore Section 8 for higher returns.
This is a solid brick property in a convenient location. The current owner has maintained it well, with recent updates including roof resealing (2025), upgraded electrical, plumbing, and more. Don't miss out on this money maker that once rented will produce a solid cap rate for your investment portfolio.

Location

State PA

County Allegheny-east

Community Public Transportation

Area E Pittsburgh

Zoning mul

Rooms

Basement Full

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Community Features Public Transportation

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

Roof Type Asphalt

Building

Structure Type Brick

Schools

School District Woodland Hills


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Caren Foy Group

Caren Foy Group

+1(724) 944-6655

Agent | RSRS220664L

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