219 Brownsville RdPittsburgh, PA 15210

Property Details for 219 Brownsville Rd

Year built

1900

Construction

BRICK

Lot size

0.07 AC

Property type

Mixed-use properties

Property subtype

Retail residential properties

APN

14-R-321

APU

14R321

Description

This exceptional mixed-use property at 219 Brownsville Road, Pittsburgh, PA 15210, presents a unique investment opportunity. The property consists of two buildings situated on a single lot. One building houses a recently occupied approximately 700 square foot retail space featuring a 2015 (never used) forced-air furnace/AC unit, a private office, and a partial bath. Above the retail space are two updated two-bedroom apartments, also equipped with 2015 (never used) forced-air furnace/AC units, and are nearly finished. A partially finished basement with a partial bath adds further potential. A separate, occupied two-bedroom brick home, currently generating $650 per month in rental income, is located across a rear courtyard on Locust Street. All four units (one retail and three residential) have separate electric meters and benefit from new ductwork and a rear fire escape. The property is zoned TND-C and boasts four total units across two buildings. This prime location in the revitalizing Mount Oliver/Allentown neighborhood offers easy access to public transportation, including bus lines and proximity to the T. Nearby amenities include Miller Hardware, Inner Groove Brewing, and Onion Maiden restaurant. Its convenient location provides easy access to downtown Pittsburgh and Oakland. The property is relatively easy to show, with only the rear home currently occupied. All information is deemed reliable but not guaranteed

• CAP approach

  CAP return

  Valuation

  6%

  $679,161

  6.5%

  $626,917

  7%

  $582,138

• Comparable approach

  Method

  Valuation

  Relative Method

  $417,563

  Geo Method

  $417,563

• Alternative Use

  Use

  Valuation

  Residential

  $626,917

  Hospitality

  $574,253

  Educational

  $477,772

  Medical

  $494,203

  Retail

  $743,200

Location Insight

City

Pittsburgh

County

Allegheny

State

Pennsylvania

Latitude

40.4152

Longitude

-79.9871

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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