215 S Braddock Ave, Point Breeze, PA 15221

$650,000

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List Price
$650,000
Status
ACTIVE
MLS#
WESTPENN-1760159
Price Change
▼ $50,000 1783994420
Acres
0.12
Lot Size
5,227
Subdivision
Point Breeze
Region
Point Breeze

Property Description

A rare opportunity to acquire a 5,145 sq ft landmark brick and stone legal 5 unit apartment building in the heart of Point Breeze just 1 block from Frick Park. This exceptionally maintained income property blends historic character with strong investment fundamentals. A grand concrete front porch framed by impressive round columns creates a memorable first impression while beautifully preserved original woodwork, decorative fireplaces with original mantels, wide hallways, and spacious floorplans showcase timeless craftsmanship throughout. The building features 4 one bedroom units and a penthouse 2 bedroom suite with a private balcony. Equipped oak kitchens, spacious baths, well maintained Lennox furnaces, laminate flooring, hard wired smoke detectors, separate gas and water meters, and an updated roof (2019) support efficient ownership. A fully inspected metal fire escape serves the upper 3 floors. The expansive finished lower level includes several split unit air conditioners, a powder room, and coin operated laundry (rented) offering exceptional flexibility for offices, storage or future value enhancement. The oversized integral garage with shelving and workbench plus a large asphalt parking lot provide amenities rarely found in city multifamily assets. Two of the units are currently rented, but the tenants have already been given notice to vacate creating immediate opportunities for rent optimization. This is an exceptional investment opportunity to own a legacy multifamily asset in one of Pittsburgh's most sought after neighborhoods.

Additional Information

Lot Dimensions
123x50x124x49 m/l
Basement
Finished
School District
Pittsburgh
Parking Spaces
8
Parking Description
Off Street

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Calculator source: Real Geeks

Listing courtesy of BERKSHIRE HATHAWAY THE PREFERRED REALTY.

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