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Updated about 4 years ago on . Most recent reply

Nico Savoia's profile image
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Nico Savoia
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  • from Pittsburgh
  • Member since Dec 19, 2020
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Nico Savoia's profile image
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Nico Savoia
  • New to Real Estate
  • from Pittsburgh
  • Member since Dec 19, 2020
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Nico Savoia
  • New to Real Estate
  • Pittsburgh
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Pittsburgh Real Estate Forum

Rental investments in Mount Oliver

Nico Savoia
  • New to Real Estate
  • Pittsburgh
Posted

Hello! 

I am curious about a temperature check on Mt. Oliver Pittsburgh! I see on the forum 4-5 years ago not many people seemed to think it was a great investment area but it definitely has improved a little since then.  Anyone have some opinions on buying a rental in this market? 

Thank you!

Pittsburgh, Pennsylvania
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Alex Deacon
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Alex Deacon
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Alex Deacon
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Alex Deacon
  • Investor
  • Pittsburgh, PA
Replied

@Nico Savoia we manage 700 units in the Pittsburgh market and quite a few in Mount Oliver. The borough is hard to deal with, the taxes are high, the property values are not increasing in value in any significance. The neighborhood in general is a c minus. Does that help.

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