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Listed by BERKSHIRE HATHAWAY HOMESERVICES THE PREFERRED REAL
$ 1,050,000
Est. payment /mo
Active
708 S Negley Avenue Shadyside, PA 15232
7,026 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1757806
HOA Y/N No
Annual Tax Amount $7,763
Lot Size 7,026 Sqft
Acres 0.1613
Property Sub-Type Apartment
Property Description
Prime Shadyside investment opportunity located between Walnut Street and Elsworth Avenue, the heart of Shadyside's walk-able neighborhood and vibrant shopping/dining districts as well as close to universities, hospitals and entertainment venues in the East End, Oakland and Downtown areas. Fully rented, the building masterfully blends old-world character—featuring ornate decorative mantels and historic fireplaces—with modern amenities that modern renters demand. Dual covered front and side porches offer classic curb appeal, while the rare, detached 4-car garage adds value and creates a natural boundary in the rear. This setup forms a private, usable backyard and green space—a premium commodity that heavily drives tenant retention in dense urban neighborhoods which keep vacancy rates near zero. One -2Bbedroom ($1,350); three - 1Bedroom ($1,350, $1,250, $1,180); one Studio ($960); one Efficiency ($750). All tenant gas and electric are separated and tenants pays in addition to rent. The detached garage features a full length storage area above. The garage spaces are currently included in 4 of the tenant lease but have been leased to commercial owners on Walnut Street in the past. This property is ideal for investors or entrepreneurs looking to secure a presence in one of Pittsburgh's most well established neighborhoods.
Location
State PA
County Allegheny-east
Area Shadyside
Zoning Apt
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Total Parking Spaces 4
Building
Structure Type Brick
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