133 22Nd St, Pittsburgh, PA 15203
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.