1321-1323 State Ave Coraopolis, PA 15108
This unique investment opportunity presents a beautifully renovated two-bedroom, one-and-a-half-bathroom pastor's house seamlessly attached to the historic First Baptist Church of Coraopolis. The home boasts an open-concept downstairs featuring a newly constructed kitchen, living room, and powder room, all finished with durable Lifeproof flooring. Upstairs, a spacious master bedroom and bathroom with a tub provide comfortable living. The house is equipped with brand new, energy-efficient appliances including a washer, dryer, hot water heater, and HVAC system. A downstairs guest room opens to an enclosed backyard, offering privacy and outdoor space. The property also includes a gated front porch and a side driveway, overlooking a fully landscaped yard. The adjacent church building offers expansive main floor space highlighted by stunning stained-glass windows. It features a split-system heating and cooling system, a projector system installed in the balcony, and a large basement, providing ample potential for various uses. The property's C3 zoning allows for diverse development options. Its prime location runs parallel to Coraopolis's revitalized main street and is just a mile from the Montour Trail, offering convenient access to outdoor recreation. Furthermore, it's a short drive from the shopping and dining options in Robinson and Moon Townships, Pittsburgh International Airport, Robert Morris University, and Downtown Pittsburgh. The 0.18-acre lot encompasses both the house and the church building.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.