NOT LISTED FOR SALE

Estimated Value: $322,000 - $354,000

6 Beds
3 Baths
4,287 Sq Ft
$79/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $284,000 $66 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,871/month

75 Days on Market

About This Home

As of May 2021

FULLY RENTED TRIPLEX IN BRIGHTON HEIGHTS Corner lots close to bus lines, highways, and retail. 3 spacious apartments, each with deck and separate electric. All units were 2bd/1ba, but owner has converted the 3rd floor unit to a luxurious 3bd apartment that now rents for over $1000/month. All floorplans are the same – creating plenty of room to continue to grow profits by taking advantage of a building with fantastic bones, high ceilings and large windows. Current owner invested over into improvements which allowed rents to be raised substantially since the time of purchase, and has created a turnkey opportunity for immediate profitability. The property is and has historically been fully rented. Current tenants are all long-term, and vacancies have always been filled immediately. Gross monthly income is $2,750, with the potential to easily reach $3,150 or more by converting the other units to 3bds. Keep it rented, or occupy one of the units yourself – the choice is yours.

Last Agent to Sell the Property

Christopher Carr

HOMEZU License #RM420776 Listed on: 02/25/2021

Last Buyer's Agent

Chris Ciccarelli

REALTY CO LLC License #RS340652

REALTY CO LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 1904

Lot Details

  • 1,882 Sq Ft Lot
  • Lot Dimensions are 29x80x28x72

Parking

  • On-Street Parking

Home Design

  • Triplex

Additional Features

  • Unfinished Basement

Community Details

Overview

  • 3 Units
  • Brighton Heights Subdivision

Amenities

  • Public Transportation

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $4,500
  • Gross Income $33,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,000

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Municipality: Brighton Heights
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Lot Size Acres: 0.0432
  • Lot Size: 29x80x28x72
  • Subdivision Name: Brighton Heights
  • Directions: Corner of California Ave and Benton Ave.
  • Year Built: 1904
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement YN: Yes

Exterior Features

  • Roof: Other
  • Construction Type: Brick

Garage/Parking

  • Parking Features: On Street

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Annual Utilities Expense: 7500.0

Condo/Co-op/Association

  • Community Features: Public Transportation

Schools

  • Junior High Dist: Pittsburgh

Lot Info

  • Zoning: 3Unit
  • Zoning Description: 3Unit
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 33000.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 4500.0

Tax Info

  • Tax Annual Amount: 1000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
May 11, 2021
Sold by
Hirebet Aniket
Bought by
City Living Properties Llc
Seller's Agent
Christopher Carr
HOMEZU
Buyer's Agent
Chris Ciccarelli
REALTY CO LLC
List Price
$284,000
Sold Price
$284,000
Current Estimated Value
$340,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,333
Avg. Annual Appreciation
4.71%
Original Mortgage
$475,200
Outstanding Balance
$431,564
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$84,564

Purchase Details

Listed on
May 26, 2016
Closed on
Sep 1, 2016
Sold by
M M Legacy Holdings L P
Bought by
Hirebet Aniket
Seller's Agent
Ryan Edmondson
KELLER WILLIAMS EXCLUSIVE
Buyer's Agent
Nikki Tominac
HOWARD HANNA REAL ESTATE SERVICES
List Price
$140,000
Sold Price
$128,000
Premium/Discount to List
-$12,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.52%

Purchase Details

Closed on
Mar 30, 2007
Sold by
Federal National Mortgage Association
Bought by
M M Legacy Holdings Lp
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
City Living Properties Llc $284,000 --
City Living Properties L L C $284,000 None Available
Hirebet Aniket $128,000 Barristers Land Abstract Co
M M Legacy Holdings Lp $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open City Living Properties L L C $475,200
Previous Owner Hirebet Aniket $173,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2021 05/11/21 Sold $284,000 0.0% $66 / Sq Ft
02/25/2021 02/25/21 For Sale $284,000 +121.9% $66 / Sq Ft
09/01/2016 09/01/16 Sold $128,000 -8.6% $30 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $140,000 -- $33 / Sq Ft
Source: West Penn Multi-List

Tax History Compared to Growth

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
2025 $691 $30,000 $17,900 $12,100
2024 $691 $30,000 $17,900 $12,100
2023 $691 $30,000 $17,900 $12,100
2022 $682 $30,000 $17,900 $12,100
2021 $690 $30,000 $17,900 $12,100
2020 $679 $30,000 $17,900 $12,100
2019 $679 $30,000 $17,900 $12,100
2018 $545 $30,000 $17,900 $12,100
2017 $679 $30,000 $17,900 $12,100
2016 $142 $30,000 $17,900 $12,100
2015 $142 $30,000 $17,900 $12,100
2014 $664 $30,000 $17,900 $12,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 1487058

West Penn Multi-List

APN: 0114-R-00001-0000-00