For Sale
$299,999

1604 Hatteras St Pittsburgh, PA 15212

Three-unit building with guaranteed income.

Overview

Added:
Jan 9
Days on market:
106
This three-unit apartment building in Pittsburgh's desirable Troy Hill neighborhood presents a compelling investment opportunity. The property comprises a front duplex, currently rented with subsidized tenants, ensuring a consistent monthly income stream. The rear unit is a single-family home offering privacy and significant rental potential, suitable for long-term tenants or short-term rentals via platforms like Airbnb. The building's total size is 2000 square feet, situated on a 0.0486-acre lot. Currently, the occupancy rate stands at 66%. The property's location benefits from ongoing development in the nearby North Side, promising future value appreciation. This is an excellent chance to acquire a multi-family property with established rental income and substantial upside potential in a thriving Pittsburgh neighborhood. The asking price is $299,999. This property is ideal for investors seeking a stable, income-generating asset with growth prospects. The existing tenants in the duplex provide immediate cash flow, while the single-family home offers flexibility for various rental strategies. The property's size and location make it an attractive investment in a dynamic and improving area of Pittsburgh.

Highlights

  • Guaranteed monthly income from two subsidized duplex units.
  • Three-unit building offers diverse rental options, including a single-family home.
  • Prime Pittsburgh location in Troy Hill, near North Side development.

Property Details for 1604 Hatteras St

Property type
Residential income homes
Square Feet
2,000 SF
Price / Square Foot
$150.00
Class
C
Year Built
1900
Buildings
1
Stories
3
Elevators
N/A
Lot Size (sq. ft)
2,117 SF
Units
3
Occupancy
66%

Location Insight

City
Pittsburgh
County
State
Pennsylvania

FAQs

What type of property is this?
Residential income home - Three-unit building with guaranteed income.
Where is the residential income home located?
The property is located at 1604 Hatteras St Pittsburgh, PA.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Guaranteed monthly income from two subsidized duplex units.; Three-unit building offers diverse rental options, including a single-family home.; Prime Pittsburgh location in Troy Hill, near North Side development.
How can I contact the broker?
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1604 Hatteras St
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