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    7 Glenbury St Pittsburgh, PA 15234

    For Sale
    $220,000

    Prime location, high rental income potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional mixed-use property at 7 Glenbury St, Pittsburgh, PA 15234, presents a compelling investment opportunity. The 0.034-acre lot features a two-story, Class B building constructed in 1900, encompassing three units totaling approximately 2,000 square feet. The property is zoned Commercial (Com) and boasts a prime location off two high-traffic main roads, providing easy access to downtown Pittsburgh and the South Hills. The building comprises two residential apartment units and one commercial office space unit, currently configured as a conference room. The main level features a one-bedroom apartment and an additional office space unit with potential for conversion into additional residential space. The second level offers a spacious, aesthetically pleasing one-bedroom apartment with ornate skylights and included kitchen appliances, ready for immediate rental. Off-street parking is available via a lot accessible from Library Rd. This high-visibility, high-traffic location offers significant potential for future development, ensuring strong rental demand and long-term appreciation. The asking price is $220,000. The Allegheny County APN is 0138-A-00203-0000-00. This is a rare opportunity to acquire a well-situated mixed-use property in a thriving Pittsburgh neighborhood.

    Property Features for 7 Glenbury St

    General Information

    Property type
    Multifamily properties
    Class
    B
    Lot Size
    1,481 SF

    Building Details

    Year Built
    1900
    Buildings
    1
    Stories
    2
    Units
    3

    HighLights

    • $220,000 asking price.
    • Multifamily, office, and mixed‑use property in Pittsburgh, PA.
    • Three units: two apartments and one office/conference room.
    • 1900 construction, two‑story building on a 0.034‑acre lot.
    • Located in a high‑traffic area with easy access to downtown and the South Hills.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.9966328
    Latitude
    40.3825378

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    FAQs

    What type of property is this?
    Multifamily property - Prime location, high rental income potential.
    Where is this multifamily property located?
    The property is located at 7 Glenbury St Pittsburgh, PA.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: $220,000 asking price.; Multifamily, office, and mixed-use property in Pittsburgh, PA.; Three units: two apartments and one office/conference room.
    Request Owner's contact information
    7 Glenbury St Pittsburgh, PA 15234
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7 Glenbury St Pittsburgh, PA 15234
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