Skip To Content

7209 Penn Ave.

Point Breeze, PA 15208
  • $799,000
  • STATUS: Contingent
  • ON SITE: 90 Days
  • MLS #: 1662075
UPDATED: 45 min ago
$799,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

School District:

Description

A prime investment opportunity for both investors and first time homeowners looking for an owner occupied investment with the potential for significant rental income! The building blends historical charm and modern living. Located across from the Frick Estate and Museum, this profitable triplex in Point Breeze offers a cap rate of 7.7% and zero vacancy. The first floor unit features 3BR/2BA, over 2000 sq ft, and a front porch with Frick Mansion views. The second floor has 2BR/1BA, a large eat-in kitchen, and oversized windows. The third floor offers 2BR/1BA, high ceilings, and ample natural light. Each unit includes updated kitchens and bathrooms, in-unit laundry, and 2 off-street parking spaces. An artist studio in the garage, rented for 10+ years, provides extra income. Close to Rockwell Park, Fresh International Market, East End Food Co-op, and Frick Park, plus Bakery Square, Trader Joes, Whole Foods, and upcoming Fresh Market and Market District.

Monthly Payment Calculator



© 2024 West Penn Multi-List, Inc. All Rights Reserved. INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-10-08T15:54:15.423.
www.georgiesmigel.com/homes/152444723
Print Image

7209 Penn Ave. Point Breeze, PA 15208

  • Price: $799,000
  • Status: Contingent
  • On Site: 90 Days
  • Updated: 45 min ago
  • MLS #: 1662075
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1900
Built
County:
Allegheny-East
Area:
Point Breeze
School District:
Pittsburgh
Property Description
A prime investment opportunity for both investors and first time homeowners looking for an owner occupied investment with the potential for significant rental income! The building blends historical charm and modern living. Located across from the Frick Estate and Museum, this profitable triplex in Point Breeze offers a cap rate of 7.7% and zero vacancy. The first floor unit features 3BR/2BA, over 2000 sq ft, and a front porch with Frick Mansion views. The second floor has 2BR/1BA, a large eat-in kitchen, and oversized windows. The third floor offers 2BR/1BA, high ceilings, and ample natural light. Each unit includes updated kitchens and bathrooms, in-unit laundry, and 2 off-street parking spaces. An artist studio in the garage, rented for 10+ years, provides extra income. Close to Rockwell Park, Fresh International Market, East End Food Co-op, and Frick Park, plus Bakery Square, Trader Joes, Whole Foods, and upcoming Fresh Market and Market District.
Exterior Features

Attached Garage YN No Construction Materials Brick Garage YN Yes Lot Size Dimensions .03894 Parking Features AssignedDetachedGarageOff Street Roof Composition

Interior Features

Basement Full Basement YN Yes

Property Features

Community Features Public Transportation Gross Income 80040 Insurance Expense 2000 Maintenance Expense 1800 Net Operating Income 67740 Number Of Units In Community 3 Property Sub Type Triplex Property Sub Type Additional Triplex Tax Annual Amount 4500 Tax Assessed Value 188700 Utilities Electricity AvailableNatural Gas AvailableSewer AvailableWater Available Zoning R1D-L Zoning Description R1D-L

Courtesy of HOWARD HANNA REAL ESTATE SERVICES: 412-361-4000. © 2024 West Penn Multi-List, Inc. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.


© 2024 West Penn Multi-List, Inc. All Rights Reserved. INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-10-08T15:54:15.423.
 
https://bt-photos.global.ssl.fastly.net/pittsburgh/orig_boomver_1_1662075-2.jpg https://bt-photos.global.ssl.fastly.net/pittsburgh/orig_boomver_1_1662075-2.jpg https://bt-photos.global.ssl.fastly.net/pittsburgh/orig_boomver_1_1662075-2.jpg
Logo
Coldwell Banker Realty
20510 Route 19, Suite 101
Cranberry Township PA, 16066