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$340,000
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Property Description
Must See- Solid brick 10 unit building conveniently located in the heart of East Pittsburgh. Perfect for an investor looking for a great cash flow and value add opportunity. Put forth the effort to rehab units and achieve prime market rents. 2/10 units are currently occupied, 2 units are ready to rent, and the other 6 will need cosmetic renovations to prepare for new renters. 2 Units on Basement Floor (Left Side and Right Side). 4 Units on Floor 1 (101-104) and 4 Units on Floor 2 (201-204). Each Floor has one set of Coin Op Laundry. Electric is split. Brand new high-efficiency boiler and 2 newer hot water tanks. New concrete steps are being installed in the front of the building. Owner currently pays gas, water and sewer. On street parking. This is a rare find, ideal for any investment portfolio!
Full Property Details
Full Property Details for 1580 Electric Ave
General
- Sold For: $340,000
- Taxes: $12,699
- Status: Closed
- Type: Single Family
- Source: West_Penn_MLS
- MLS ID: 1583522
- Added to Site: 1, 201 day(s) ago
Rental Information
- Complex Features: Public Transportation
Parking
- Parking Features: On Street
Location
- County: Allegheny-East
- Driving Directions: I376 to Route 30, Take Electric Ave Exit
School Information
- Elem School District: Woodland Hills
- Midd School District: Woodland Hills
- High School District: Woodland Hills
Utilities
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Construction: Brick
- Basement Desc.: Partially Finished
- Roof: Other
- Year Built: 1940
Lot Features
- Lot Dimensions: 87 x 167
- Zoning: COM
Financial Considerations
- Tax Amount: $12,699
Listed and Sold courtesy of Howard Hanna Real Estate Services
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Schools
Schools serving 1580 Electric Ave
School District:Woodland Hills School District
| Name | Grades | Distance |
|---|---|---|
Woodland Hills Senior High School 2550 Greensburg Pike, Pittsburgh, PA 15221 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1580 Electric Ave
Date
Details
Price
Change
Source
10/05/2023
Sold
$340,000
-6.85%
MLS
3/07/2023
Price Reduced
$365,000
-2.67%
MLS
11/09/2022
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1580 Electric Ave, East Pittsburgh, PA 15112 (MLS# 1583522) is a Single Family property that was sold at $340,000 on October 05, 2023. Want to learn more about 1580 Electric Ave? Do you have questions about finding other Single Family real estate for sale in East Pittsburgh? You can browse all East Pittsburgh real estate or contact a Coldwell Banker agent to request more information.

