38-40 Walnut St, Pittsburgh, PA 15223

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Residential IncomeFor Sale

$399,900

38-40 Walnut St

Pittsburgh, PA 15223

Courtesy of Arbors Real Estate, LLC

MLS: West Penn MLS

Est. Mortgage

$2,164/mo

Unique value add investment opportunity for the savvy investor! New roof in 2023! This property has four residential units and 16 garages! 100% occupied! There are two 1br units and two 2br units. Gas and electric is separate and tenants can pay directly. Water and sewer are landlord responsibility and these expenses are recouped by a utility reimbursement fee imposed on the tenants. The two 1 bedroom units are in great shape and well kept. The two 2 bedroom units could use updating at turnover. All garages are rented and present an opportunity for upgrades and increased rent. Long term tenants in place. Access to the gravel parking lot where all the garages are located is from High st. Can you see the potential?

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