For Sale $849,000
Pittsburgh
Discover this grandiose 1873 Second Empire Victorian, considered to have the most panache of any building in the East Carson Street Historic District. Located in the most desirable location at East Carson Street and 18th Street. This multi-use property with commercial and residential zoning is approximately 4900 sq ft over the 4 floors. The coffee shop/cafe' is leasing the 1st floor and mezzanine space. The fully leased 3rd floor apartment has soaring 12 ft ceilings ,separate electric, newer hardwood and bamboo floors,updated kitchen,fully remodeled bath,in apartment laundry and charm The 2nd floor is currently w/rooftop access . Many electrical updates, windows, HVAC with high efficiency 90+ furnace/AC 2019, tankless HWH for the building. Immediate cash flow for new owner with the combination of retail and residential leasing.
Owner's P & L Gross Annual Income: $59,160 Vacancy Percentage: Net Operation Income: $41,192 Estimate Annual Taxes: $5,187 |
Aproximate Lot Size 20.24x70.54 Status Active |
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Units Available: 5
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Contrary to media reports, home values in Pittsburgh are steady - far above the national average. In fact, locally our average sales price has increased over last year. If your are thinking of selling your home there is really no better time and no better place than Western Pennsylvania.
We would be happy to show you what your home is worth in today's market.