For Sale $899,000
Pittsburgh
A great opportunity for one of the South Sides most distinctive, architecturally and historically significant buildings in South Side. This 4 story building is approximately 4896 sq ft on the 4 floors. The coffee shop/cafe occupies the 1st flr and mezzanine space. The 2nd floor has 2 spaces zoned for offices but could be residential w/City of Pgh approval with 12 foot ceilings, separate elect heating, hardwood , 3rd flr apt w/soaring ceilings,, separate electric, hardwood and bamboo floors, fully remodeled bath, stackable laundry,charm galore. 4th floor has many possibilities w/rooftop access to possibly combine with 3rd floor apartment for huge suite, previous plans for rooftop decks and outside living areas/gardens with incredible panoramic views from Downtown to East End to SS Slopes and Mt Washington/West End. Many electrical updates, windows, HVAC with high efficiency 90+ furnace/AC 2019, tankless HWH for the building. Owner pays water and sewage for building.
Owner's P & L Gross Annual Income: $57,600 Vacancy Percentage: Net Operation Income: $39,632 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.