1156 North Ave, Pitcairn, PA 15140

$220,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$220,000
Status
ACTIVE
MLS#
WESTPENN-1760091
Acres
2500
Lot Size
108,900,000
Region
Pitcairn

Property Description

Flexible purchase options available, including owner financing with a reasonable down payment and 30 year terms. Traditional financing is welcome. Exceptional income-producing triplex in the heart of Pitcairn, PA — a turnkey opportunity for investors seeking immediate cash flow in the greater Pittsburgh metro area. This well-maintained three-unit multifamily property sits in a quiet, established neighborhood and features a strong existing rent roll with long-term tenants in place. The property consists of one spacious 2-bedroom/1-bathroom unit and two comfortable 1-bedroom/1 bathroom units, offering a diversified tenant mix that reduces vacancy risk. Each unit has been maintained to attract and retain quality tenants, with the property historically achieving full or near-full occupancy. Located just minutes from major Pittsburgh metro commuter corridors including Route 22, Route 148, and the Penn Lincoln Parkway, 1156 North Ave puts tenants right where they need to be. The property falls within the Gateway School District and is close to Propel School Pitcairn and Ramsey Elementary School. Everyday conveniences are covered with 3 shopping centers within 2.2 miles, while 5 parks within 10.8 miles — including Boyce Park and Renziehausen Park — offer plenty of outdoor options. Healthcare access is strong, with 3 hospitals within 7.2 miles and Forbes Hospital just 2.6 miles away. With a combined gross monthly rent of $2,550 and low carrying costs, this asset delivers strong positive cash flow from day one. Located minutes from major commuter routes, shopping, and schools, demand for rental units in this corridor remains consistently high — making this an ideal addition to any portfolio.

Additional Information

Taxes
$843
Lot Dimensions
0.0574
School District
Gateway
Parking Description
Off Street, On Street

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of THE GREENE REALTY GROUP.

INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. Listings courtesy of WEST PENN MULTILIST, INC.