For Sale
$299,000

133 22Nd StPittsburgh, PA 15203

Vacant, Value-Add Opportunity in Historic District

Overview

Added:
Dec 11, 2024
Days on market:
114
This bank-owned foreclosure presents a compelling value-add investment opportunity in Pittsburgh's vibrant urban core. Located at 133 S 22nd St, this three-unit apartment building offers significant potential for renovation and increased profitability. The property, built in 1899, comprises a three-story structure with a total of 2,540 square feet of net rentable space, situated on a 1,176 square foot lot. Currently vacant, this property allows for complete customization to maximize rental income. The asking price is $299,000, translating to $117.72 per square foot and $99,666.67 per unit. The building includes four parking spaces, a valuable amenity in this location. The property's C-class designation reflects its current condition, highlighting the potential for substantial appreciation through renovations and improvements. Seller financing may be available, making this an attractive proposition for investors seeking a hands-on project with potential for significant return. The Allegheny County property is identified by APN 0012K00192000000 and is situated in the 15203 zip code. This property is ideal for an investor or a buyer seeking a live-in opportunity with rental income potential. The property's location and potential for renovation make it a strong contender in the Pittsburgh real estate market.

Highlights

  • Needs renovation and improvements.
  • Seller financing may be considered.

Property Details for 133 22Nd St

Property type
Apartment buildings
Square Feet
2,540 SF
Class
C
Year Built
1899
Buildings
1
Stories
3
Units
3

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.426622345908
Longitude
-79.97460385251
133 22Nd St, Pittsburgh, Pennsylvania

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133 22Nd St
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