900 Rebecca AveWilkinsburg, PA 15221

  • Healthcare properties
  • 3.19 AC
For Sale
$2,500,000 View listing

Property Details for 900 Rebecca Ave

Lot size
3.19 AC
Property type
Healthcare properties
Property subtype
Assisted living facilities
APN
233-J-128
APU
233J128

Description

This exceptional 3.19-acre property at 900 Rebecca Ave, Wilkinsburg, PA, presents a significant investment opportunity. Boasting a park-like setting with mature trees and access from three streets (East Swissvale, Rebecca, and Coal), this multi-use building offers unparalleled versatility. The expansive first floor features a grand ballroom, a fully equipped commercial kitchen, a large dining area, a gym, a sunroom, multiple offices, and sizable conference rooms. The property's 70 parking spaces cater to a large volume of occupants or guests. The building is compliant with fire and safety disability codes, ensuring accessibility and safety. Its prime location provides easy access to all East End neighborhoods and the Parkway, offering convenient connections to both suburban and downtown Pittsburgh areas. The property's size and features make it suitable for a variety of uses, including, but not limited to, inpatient and/or outpatient drug/alcohol rehabilitation facilities or single-room occupancy (SRO) housing. This is a rare opportunity to acquire a substantial property with significant development potential in a desirable location. The asking price is $2,500,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $32,328,810
    6.5%
    $29,841,980
    7%
    $27,710,410
  • Comparable approach

    Method
    Valuation
    Relative Method
    $31,950,292
    Geo Method
    $31,950,292
  • Alternative Use

    Use
    Valuation
    Residential
    $37,855,812
    Hospitality
    $34,675,720
    Educational
    $28,849,790
    Medical
    $29,841,980
    Retail
    $44,877,452
900 Rebecca Ave, Wilkinsburg, Pennsylvania

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.438
Longitude
-79.8807
CBSA code
38300
CBSA name
PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$21,615
$269,200
$230,800
$500,000
-
$269,200
$230,800
$500,000

FAQs

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