Fully Leased Brick Duplex Income
517 Ridge Avenue Carnegie, PA 15106
For Sale
$239,900
Two residential units are fully occupied on long-term leases, with a separately leased detached garage for storage.
Days on Market65
Property Features for 517 Ridge Avenue
General Information
- Standard status
- Active
- Property subtype
- Multi-Unit / Other
Building Details
- Year Built
- 1880
Listing Agency:
BERKSHIRE HATHAWAY THE PREFERRED REALTY
(724) 964-6873
Listed By:
Pierre Khoury · License #RS293615
(724) 964-6873
Source:
Compass
Added: May 23
Changed: Jul 23
Last Checked: Jul 25 at 11:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BERKSHIRE HATHAWAY THE PREFERRED REALTY
Investment Insights
Based on property information with market context.
517 Ridge Avenue is a fully leased, red brick duplex with two residential units plus a detached garage that is separately leased for storage. Covered outdoor space supports day-to-day comfort, including a covered patio for the lower unit and a covered porch for the upper unit, along with shared storage and utility space accessible from the exterior and a dedicated laundry room.
The lower unit includes vinyl wood flooring in the main living areas, an eat-in kitchen with included appliances, a spacious bedroom with a double bifold closet, a full bath, an additional half bath, and dedicated laundry. The upper unit offers a living area, a spacious bedroom with in-unit laundry, a full bath, and a generously sized kitchen.
Several mechanical updates are noted, including a newer furnace and central air system servicing both units, and a newer roof. Residential utilities are owner-paid, and a retaining wall helps create additional off-street parking.
The lower unit includes vinyl wood flooring in the main living areas, an eat-in kitchen with included appliances, a spacious bedroom with a double bifold closet, a full bath, an additional half bath, and dedicated laundry. The upper unit offers a living area, a spacious bedroom with in-unit laundry, a full bath, and a generously sized kitchen.
Several mechanical updates are noted, including a newer furnace and central air system servicing both units, and a newer roof. Residential utilities are owner-paid, and a retaining wall helps create additional off-street parking.
Key Highlights
- Fully leased multi‑unit property with long‑term tenant occupancy and leases in place through April 2027
- Two residential units plus a detached garage separately leased for storage use
- Updates include a newer roof and newer furnace with central air conditioning serving both units
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two residential units are fully occupied on long-term leases, with a separately leased detached garage for storage.
Where is this duplex located?
The property is located at 517 Ridge Avenue Carnegie, PA.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Fully leased multi‑unit property with long‑term tenant occupancy and leases in place through April 2027; Two residential units plus a detached garage separately leased for storage use; Updates include a newer roof and newer furnace with central air conditioning serving both units