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$214,000
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Property Description
Investors special! CAP RATE 15.56% Cash flow property. 4 units all with separate gas and electric. Unit 1 has central air, large open living area, 1 bedroom, and a spacious recently renovated bathroom, and a large kitchen with great counter space and storage. Unit 2A has an open area living room/kitchen with 1 bedroom and an updated bath, as well as a large deck to enjoy the summer. Unit 2B has 1 bedroom, renovated bath, laundry area and has a smaller deck and a covered area just off the kitchen. Unit 3 has a car port at the top of the driveway and a large, covered porch as well as a HUGE primary bedroom with great closet space, 2nd bedroom, updated bath, laundry area, living room, dining room and kitchen. Wow! Make this one part of your portfolio.
Full Property Details
Full Property Details for 1586 Electric Ave
General
- Sold For: $214,000
- Taxes: $5,442
- Status: Closed
- Type: Multi-Family
- Source: West_Penn_MLS
- MLS ID: 1675328
- Added to Site: 466 day(s) ago
Parking
- Total Spaces: 3
- Parking Features: Off Street
Location
- County: Allegheny-East
- Driving Directions: Ardmore Blvd/Route 30E to Electric Avenue exit to property on the right
School Information
- Elem School District: Woodland Hills
- Midd School District: Woodland Hills
- High School District: Woodland Hills
Community
- Units Assoc/Comm: 4
Utilities
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Fourplex
- Construction: Brick
- Basement: Yes
- Basement Desc.: Partial
- Roof: Asphalt
- Year Built: 1920
Unit Information
- Vacancy %: 5
Lot Features
- Lot Size (Acres): 0.083
- Lot Dimensions: 26 x 148 x 26 x 143
- Zoning: Comm
Financial Considerations
- Assessment Amount: $121,800
- Tax Amount: $5,442
Listing courtesy of Neighborhood Realty Services
Sold courtesy of Compass Pennsylvania, Llc
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Schools
Schools serving 1586 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 1586 Electric Ave
Date
Details
Price
Change
Source
1/17/2025
Sold
$214,000
-6.96%
MLS
10/09/2024
Listed
$230,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1586 Electric Avenue, North Braddock, PA 15112 (MLS# 1675328) is a Multi-Family property that was sold at $214,000 on January 17, 2025. Want to learn more about 1586 Electric Avenue? Do you have questions about finding other Multi-Family real estate for sale in North Braddock? You can browse all North Braddock real estate or contact a Coldwell Banker agent to request more information.

