Turnkey Duplex with Updated
904 Hilltop Homestead, PA 15120
904 Hilltop, Homestead, PA, 15120
$199,900
For Sale
$199,900
Fully leased duplex featuring two 2-bedroom, 1-bath units, updated kitchens and bathrooms, plus off-street parking and a walkout basement.
Property Size1,792 SF
Price / SF$111.55
Days on Market88
Property Features for 904 Hilltop
General Information
- Standard status
- Active
- Size
- 1,792 SF
- Property subtype
- Multi-Unit / Duplex
Building Details
- Year Built
- 1910
Listing agency
REALTY ONE GROUP LANDMARK
(412) 326-9917
Listed by
Tara Zaluski · License #RS342855
(412) 326-9917
Source
Compass
Added: Apr 26 Updated: Jul 21 at 9:59PM Checked: Jul 21 at 9:59PM
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 REALTY ONE GROUP LANDMARK
Investment Insights
Based on property information with market context.
904 Hilltop Street presents a turnkey duplex with two occupied units. Each unit is configured with 2 bedrooms and 1 bathroom, and the property includes updated kitchens and bathrooms. In addition to the main living areas, there is an unfinished walkout basement that offers practical storage and additional long-term expansion potential. Off-street parking is also provided.
The duplex is located in Munhall/Homestead area and is described as being minutes from the Waterfront. Access is noted to Route 837 and the Squirrel Hill tunnel, with Downtown Pittsburgh described as within reach.
Overall, the offering is positioned as a low-maintenance, fully leased duplex with updates already completed and parking in place for tenants.
The duplex is located in Munhall/Homestead area and is described as being minutes from the Waterfront. Access is noted to Route 837 and the Squirrel Hill tunnel, with Downtown Pittsburgh described as within reach.
Overall, the offering is positioned as a low-maintenance, fully leased duplex with updates already completed and parking in place for tenants.
Key Highlights
- Fully leased duplex with both units occupied
- 2‑bedroom, 1‑bath layout in each unit (2 total beds, 1 total bath per unit)
- Total of 1,792 SF across both units
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.0k | $12.84 |
| − Vacancy | −$1.2k | −$0.70 |
| EGI | $21.8k | $12.14 |
| − OpEx | −$6.5k | −$3.64 |
| NOI | $15.2k | $8.50 |
1,792 SF · lease $12.84/SF/yr · vacancy 5.42% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$217.6K
$190.4K – $253.9K
NOI $15,234 @ 7.0% cap · market cap 7.62%
Second Best
Apartment 5plus
$199.2K
$174.3K – $232.4K
NOI $13,941 @ 7.0% cap · market cap 6.97%
Theoretical Best
Office A
$456.5K
$399.4K – $532.5K
NOI $31,952 @ 7.0% cap · market cap 15.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Fully leased duplex featuring two 2-bedroom, 1-bath units, updated kitchens and bathrooms, plus off-street parking and a walkout basement.
Where is this duplex located?
The property is located at 904 Hilltop Homestead, PA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Fully leased duplex with both units occupied; 2‑bedroom, 1‑bath layout in each unit (2 total beds, 1 total bath per unit); Total of 1,792 SF across both units