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OFF-MARKET
Specialty properties

1618 Rhine St Pittsburgh, PA 15212

Property ID
Property summary
AI-generated overview

This unique 1618 Rhine St. property, located in Pittsburgh's Spring Hill neighborhood, presents a remarkable opportunity for adaptive reuse. Currently listed at $112,500, this former church building offers significant potential for a variety of uses. The property boasts impressive original character, including intact stained-glass windows covering the main floor's walls, high arched ceilings, and a distinctive iron-shaped structure. The building has already undergone some initial renovations and has been cleaned out, providing a solid foundation for future development. Its convenient location, just minutes from downtown Pittsburgh and adjacent to MeMe's Market, a local corner store, ensures high visibility and accessibility. Previous owners envisioned converting the space into either a single-family home or two condominium units, showcasing the property's adaptability. The building's unique architectural features and prime location make it an exceptional investment opportunity for those seeking a distinctive property with significant upside potential. The property is owned by Overby and is classified as a Special Purpose property, subtype Religious/Church, in Allegheny County, PA, zip code 15212. This is a rare chance to acquire a piece of Pittsburgh history and transform it into a thriving new venture. The property's size and layout are not specified in the provided information.

Property profile
Verified
Property type Specialty properties
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • St. Michael's Chapel Church
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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