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Updated over 7 years ago on .

User Stats

49
Posts
15
Votes
Marquest Page
  • Investor
  • Pittsburgh, PA
15
Votes |
49
Posts

PRICE REDUCTION ON SMALL APARTEMENT w/Commercial Space

Marquest Page
  • Investor
  • Pittsburgh, PA
Posted

WE HAVE EQUITABLE INTEREST IN THIS PROPERTY AND ARE SELLING THE CONTRACT TO THIS PROPERTY.

1436 Woods Run Avenue Pittsburgh, PA 15212

INVESTMENT: Reduced from $95,000 to $75,000 Or Best Offer

Rehab: Due Diligence

Living Area: 10,800 SqFt

Built: 1920

Exterior Finish: Brick

Roof Type: Rubber

HOA: $0

Off Market Three Story Multifamily property near Brighton Heights area. This property Has Five (5) residential units between the second and third story with the ground level having commercial space that could also be converted into additional residential space if so desired. The property shows on county website as a four family however there are five residential units, however the additional unit runs off the same electric meter as the unit next to it, which would lead to the conclusion that they use to be one unit and was split to give additional rental income with the previous owner. This property needs TLC to maximize rental income potential. 

Unit 1: 2bedroom 1bathroom

Unit 2: Studio with 1bathroom

Units 3 through 5: 1bedroom 1bathroom

One of the 1bedroom units is tenant occupied and currently pays $500 monthly. This tenant has lived in this unit for over 10 years and is on a month to month lease. All other units are vacant. 

PLEASE DRIVE BY FIRST AND CALL TO SCHEDULE APPOINTMENT.

Require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a special warranty deed. All closings are with a licensed title company with Experienced Closing Services, LLC.

Buyer will be responsible for all closing costs unless otherwise indicated.


GOOGLE DRIVE LINK TO VIEW MORE PICTURES ARE AT THE FOLLOWING LINK:
https://drive.google.com/open?id=1xpuujoS4sZT_BYR2...

Offering