1604 Hatteras St, Pittsburgh, PA 15212
This three-unit apartment building in Pittsburgh's desirable Troy Hill neighborhood presents a compelling investment opportunity. The property comprises a front duplex, currently rented with subsidized tenants, ensuring a consistent monthly income stream. The rear unit is a single-family home offering privacy and significant rental potential, suitable for long-term tenants or short-term rentals via platforms like Airbnb. The building's total size is 2000 square feet, situated on a 0.0486-acre lot. Currently, the occupancy rate stands at 66%. The property's location benefits from ongoing development in the nearby North Side, promising future value appreciation. This is an excellent chance to acquire a multi-family property with established rental income and substantial upside potential in a thriving Pittsburgh neighborhood. The asking price is $299,999. This property is ideal for investors seeking a stable, income-generating asset with growth prospects. The existing tenants in the duplex provide immediate cash flow, while the single-family home offers flexibility for various rental strategies. The property's size and location make it an attractive investment in a dynamic and improving area of Pittsburgh.
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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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.