7 Glenbury StPittsburgh, PA 15234

Property Details for 7 Glenbury St

Lot size

0.03 AC

Property type

Office properties

Property subtype

Office buildings

APN

138-A-203

APU

138A203

Description

This exceptional mixed-use property at 7 Glenbury St, Pittsburgh, PA 15234, presents a compelling investment opportunity. The 0.034-acre lot features a two-story, Class B building constructed in 1900, encompassing three units totaling approximately 2,000 square feet. The property is zoned Commercial (Com) and boasts a prime location off two high-traffic main roads, providing easy access to downtown Pittsburgh and the South Hills. The building comprises two residential apartment units and one commercial office space unit, currently configured as a conference room. The main level features a one-bedroom apartment and an additional office space unit with potential for conversion into additional residential space. The second level offers a spacious, aesthetically pleasing one-bedroom apartment with ornate skylights and included kitchen appliances, ready for immediate rental. Off-street parking is available via a lot accessible from Library Rd. This high-visibility, high-traffic location offers significant potential for future development, ensuring strong rental demand and long-term appreciation. The asking price is $220,000. The Allegheny County APN is 0138-A-00203-0000-00. This is a rare opportunity to acquire a well-situated mixed-use property in a thriving Pittsburgh neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $288,689

  6.5%

  $266,482

  7%

  $247,448

• Comparable approach

  Method

  Valuation

  Relative Method

  $141,994

  Geo Method

  $141,994

• Alternative Use

  Use

  Valuation

  Residential

  $330,438

  Hospitality

  $302,679

  Educational

  $251,826

  Medical

  $260,486

  Retail

  $391,729

Location Insight

City

Pittsburgh

County

Allegheny

State

Pennsylvania

Latitude

40.3824

Longitude

-79.9966

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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