$775,000
$225K PRICE DROP

Estimated payment $5,034/month

Total Views 9,140
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.07 Acre Lot
  • Public Transportation
  • 5-minute walk to Armstrong Park

About This Home

Discover a prime investment opportunity at 1703 E Carson St, a mixed-use building in the heart of Pittsburgh's vibrant Southside neighborhood. This 6,100 SF main property was renovated in 2019 and boasts a dynamic blend of street retail and residential units, ensuring diverse income streams and strong potential for long-term appreciation. The first floor features a fully equipped restaurant space, perfectly positioned to capitalize on the heavy foot and vehicle traffic along bustling E Carson Street. Above, three fully leased residential units and a remodeled single-family home provide immediate cash flow, offering a seamless transition for new ownership. 1703 E Carson St stands out as a lucrative investment in a sought-after commercial area. The property’s strategic location, surrounded by a myriad of shops, bars, and restaurants, ensures constant demand and robust rental potential.

Listing Agent

Anthony Dasta

RE/MAX SELECT REALTY Listed on: 08/01/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,052

Year Built

  • Built in 1900

Lot Details

  • 2,879 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Asphalt Roof

Community Details

  • 5 Units
  • Public Transportation
  • Gross Income $97,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,052

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Municipality: South Side
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Lot Size Acres: 0.0661
  • Lot Size: 26x120 +/-
  • Architectural Style: Fourplex
  • Year Built: 1900
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Exterior Features

  • Roof: Asphalt
  • Construction Type: Brick

Garage/Parking

  • Parking Features: On Street

Utilities

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

Condo/Co-op/Association

  • Community Features: Public Transportation

Schools

  • Junior High Dist: Pittsburgh

Lot Info

  • Zoning: Com
  • Zoning Description: Com
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 4
  • Annual Gross Income: 97200.0

Tax Info

  • Tax Annual Amount: 9052.0

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,278 $489,500 $900 $488,600
2023 $11,278 $489,500 $900 $488,600
2022 $11,131 $489,500 $900 $488,600
2021 $11,131 $489,500 $900 $488,600
2020 $9,052 $400,000 $177,300 $222,700
2019 $9,052 $400,000 $177,300 $222,700
2018 $7,260 $400,000 $177,300 $222,700
2017 $9,052 $400,000 $177,300 $222,700
2016 $1,892 $400,000 $177,300 $222,700
2015 $1,892 $400,000 $177,300 $222,700
2014 $8,852 $400,000 $177,300 $222,700
Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $567,928 None Available
Warranty Deed $657,500 --
Interfamily Deed Transfer -- --
Gift Deed -- --
Deed $225,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $420,000 Commercial
Previous Owner $40,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: West Penn Multi-List

MLS Number: 1665550

West Penn Multi-List

APN: 0012-E-00305-0000-00