$1,200,000
SOLD MAR 28, 2025
-- Bed
-- Bath
-- Sq Ft
6,534 Sq Ft Lot

Recently Sold

8 Days on Market

About This Home

As of March 2025

This all brick investment property in the heart of Squirrel Hill presents a lucrative opportunity boasting 5 legally permitted 1300+ sq ft, 2 BR units. Each apartment offers a well designed layout featuring spacious living and dining rms, equipped kitchens with separate gas, electric, furnaces, and central air for independent utility management. Private covered lanais overlook Wendover Street adding to the appeal for tenants. The property also includes two inspected fire escapes for safety compliance and a spacious, serene rear patio. Additionally, a full size 6th unit on the 1st floor which currently serves as a laundry and utility area, presents potential for conversion into a 6th rental unit, increasing revenue. With an estimated income potential exceeding $96,000, this property is a rare find in a desirable location, offering both immediate returns and long-term appreciation with a true 6% CAP!

Last Agent to Sell the Property

Lori Maffeo

BERKSHIRE HATHAWAY THE PREFERRED REALTY Listed on: 02/04/2025

BERKSHIRE HATHAWAY THE PREFERRED REALTY

Last Buyer's Agent

Paul Sinnett

BERKSHIRE HATHAWAY THE PREFERRED REALTY License #AB069024

BERKSHIRE HATHAWAY THE PREFERRED REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,059

Year Built

  • Built in 1940

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Composition Roof

Community Details

Building Details

  • Insurance Expense $2,500
  • Maintenance Expense $4,560
  • Vacancy Allowance $4,800
  • Gross Income $96,000

Additional Features

  • 5 Units
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,059

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Municipality: Squirrel Hill
  • Property Sub Type: Other
  • Property Type: Residential Income
  • Lot Size Acres: 0.15
  • Lot Size: 54x109x53x109 m/l
  • Directions: Take PA-885 N and Hazelwood Ave to Hobart St in Pittsburgh, Continue to Hobart St Dr to Wendover St.
  • Year Built: 1940
  • Property Sub Type Additional: Other
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Basement YN: No

Exterior Features

  • Roof: Composition
  • Construction Type: Brick

Garage/Parking

  • Parking Features: On Street

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Other, Sewer Available, Water Available
  • Annual Utilities Expense: 5000.0

Condo/Co-op/Association

  • Community Features: Public Transportation

Schools

  • Junior High Dist: Pittsburgh

Lot Info

  • Zoning: RM-M
  • Zoning Description: RM-M
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 5
  • Annual Gross Income: 96000.0
  • Insurance Expense: 2500.0
  • Maintenance Expense: 4560.0
  • Income And Expenses Vacancy Allowance: 4800
  • Vacancy Allowance Rate: 5.0

Tax Info

  • Tax Annual Amount: 9059.0

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $1,200,000 0.0% --
02/12/2025 02/12/25 Pending -- -- --
02/04/2025 02/04/25 For Sale $1,200,000 -- --
Source: West Penn Multi-List

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: West Penn Multi-List

MLS Number: 1687156

West Penn Multi-List