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    OFF-MARKET
    Apartment buildings

    133 22Nd St, Pittsburgh, PA 15203

    2,540 SF Built 1899
    Property ID
    Property summary
    AI-generated overview

    This bank-owned foreclosure presents a compelling value-add investment opportunity in Pittsburgh's vibrant urban core. Located at 133 S 22nd St, this three-unit apartment building offers significant potential for renovation and increased profitability. The property, built in 1899, comprises a three-story structure with a total of 2,540 square feet of net rentable space, situated on a 1,176 square foot lot. Currently vacant, this property allows for complete customization to maximize rental income. The asking price is $299,000, translating to $117.72 per square foot and $99,666.67 per unit. The building includes four parking spaces, a valuable amenity in this location. The property's C-class designation reflects its current condition, highlighting the potential for substantial appreciation through renovations and improvements. Seller financing may be available, making this an attractive proposition for investors seeking a hands-on project with potential for significant return. The Allegheny County property is identified by APN 0012K00192000000 and is situated in the 15203 zip code. This property is ideal for an investor or a buyer seeking a live-in opportunity with rental income potential. The property's location and potential for renovation make it a strong contender in the Pittsburgh real estate market.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 1899
    Total area 2,540 SF
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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