724-724.5 Ohio Ave Glassport, PA 15045
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 0 724-724.5 Ohio Ave
- Year built
- 1902
- Property type
- Apartment buildings
Description
This charming two-unit apartment building presents a fantastic investment opportunity in Glassport, Pennsylvania. Located at 724-724.5 Ohio Ave, 15045, this property boasts a convenient location, approximately a 40-minute drive from downtown Pittsburgh and close to public transportation. The building, constructed in 1902, sits on a 2,749 square foot lot and is zoned R2. It comprises two separate units. One unit, 724 Ohio Ave, is a currently occupied two-bedroom, one-bathroom apartment, generating immediate rental income. The second unit, 724 1/2 Ohio Ave, is a one-bedroom, one-bathroom apartment featuring new flooring and fresh paint, ready for immediate occupancy. Both units share a spacious, fenced backyard. While some renovations may be desired, this property offers significant potential for rental income and appreciation. The asking price is $69,900. This is an exceptional opportunity for investors seeking a multifamily property in a desirable location with immediate income potential. The property's location offers easy access to public transportation and is within a reasonable commuting distance to downtown Pittsburgh. The existing tenant in one unit eliminates the need for immediate advertising and marketing efforts. This property is an excellent addition to any investment portfolio.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Glassport
- County
- Allegheny
- State
- Pennsylvania
- Longitude
- -79.8914
- Latitude
- 40.3258
