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Property profile & analytics
OFF-MARKET
Commercial real estate

754 Sheridan Ave Pittsburgh, PA 15206

Property ID
US73-5504280
Property summary
AI-generated overview

This attractive investment opportunity presents a two-unit duplex located in Pittsburgh's desirable Highland Park neighborhood. Priced at $330,000, this property offers significant potential for rental income growth. The building, situated on a 2,288 square foot lot (APN: 0083-H-00136-0000-00), features a three-story structure with a large covered front porch. Currently, the occupancy rate is 50%, with one completely remodeled one-bedroom apartment on the first floor boasting stainless steel appliances, white kitchen cabinets, and luxury vinyl flooring. The second apartment, spanning the second and third floors, includes two bedrooms, a spacious living room, and a kitchen. The property also includes a flat, fenced backyard, a one-car detached garage, and a carport, along with ample on-street parking. Utilities are separately metered for each unit, simplifying management. The property's convenient location offers easy access to public transportation, Highland Park, the Pittsburgh Zoo, Bakery Square, Bloomfield, Shadyside, Oakland, Lawrenceville, the North Side, and Downtown Pittsburgh. Its proximity to hospitals and universities makes it an ideal location for commuters. The current monthly rents are below market value for the area and unit sizes, presenting an opportunity to increase revenue. The property is zoned R3-M. This is an excellent opportunity for an owner-user or investor seeking a multifamily property in a thriving Pittsburgh neighborhood.

Property profile
Verified
Property type Commercial real estate
APN 0083-H-00136-0000-00
UPID US73-5504280
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
  • Danny Boy Distributors Llc Distribution Center Logistics Company
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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