119 Rinne StPittsburgh, PA 15210

  • Residential income properties
  • 1,680 SF
For Sale
$160,000 View listing

Property Details for 119 Rinne St

Year built
1900
Property size (Sq ft)
1,680 SF
Property type
Residential income properties
Property subtype
Multifamily properties

Description

This stunning, newly renovated (2024) Class A duplex in Pittsburgh's desirable Arlington neighborhood presents a unique investment opportunity. The property, located at 119 Rinne St, 15210, boasts a total of 1,680 square feet, divided into two identical units. Each unit features one bedroom and one bathroom, offering comfortable living spaces for residents or lucrative rental income. Currently, the occupancy rate is 50%, providing immediate cash flow potential with the opportunity to increase occupancy quickly. The asking price is $160,000, translating to $80,000 per unit, and a price per square foot of $95.24. Built in 1900, this property has undergone a complete renovation in 2024, ensuring modern amenities and updated systems. The permitted zoning is for a duplex (two-family dwelling), providing flexibility and stability for long-term investment. This property is a fantastic opportunity for both owner-occupants seeking rental income and investors looking for a strong return on investment in a thriving Pittsburgh neighborhood. The property is situated in Allegheny County, Pennsylvania.

119 Rinne St, Pittsburgh, Pennsylvania

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.4167
Longitude
-79.9684

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