24 S 18th St, Pittsburgh, PA 15203

2 Bedrooms / 1 Baths / Multiple Family

Property Status: Available (Wholesale) |  For Sale: $1,600,000.00


Property Photos


OFF MARKET until Sept 25, ARV 6 million, purchase price $1.6 million,rehab 2 million, wholesale cost $100,000 (with room for negotiation)


Property Status:
This Property is currently...
  • Status: Available (Wholesale)
  • For Sale: $1,600,000.00
Property Details:
2 Bedrooms / 1 Baths / Multiple Family
Property Style:
3-Story
Year Built:
1800
Finished Sq Ft:
15,000
Basement:
Unfinished Basement
Owner / Agent:
Wholesale
Property Features:
Elevator, ramp, sprinklered throughout addtional 5,000sq ft in basement
Contact Info
TSSP Housing LLC
(412) 403-7583

View on Individual's Website
Property Description:
This is a Historic MIXED USE building located along the river walk in a newly redevopled area nestled along a quiet residential street. Just a few blocks away from grocery store, entertainment, resturants, colleges, daycares and schools.
The zoning is RIV-RM and currently used as office space that can be rehab into 2 bedroom apartments. On the 3rd floor is a commercial tenant that has an amendment lease to remain in the building until November30 2023 and they pay $6000 a month but their rent hasn't been increase by then for 6 years so it would be $8000 according to the present owners lease agreement.
Rent in this upper class area for a 2 bedroom is between $2000-$2500.
If you are interested please contact me for; building inspection, blueprint for apartments on the 1st and 2nd floor, pictures, last appraisal, current lease.

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

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