630 E Ohio St, East Allegheny, PA 15212

$399,800

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List Price
$399,800
Status
ACTIVE
MLS#
WESTPENN-1743772
Acres
0.03
Lot Size
1,481
Region
East Allegheny

Property Description

Presenting a unique and rare investment opportunity in the vibrant downtown area. This property features a well-established restaurant on the first floor, alongside five rental units spread across the upper three stories, each with separate gas and electric meters. The first floor restaurant generating a reliable income of $2,000/month. The second floor unit 2 includes a tenant lived there for a long time, paying $650/month plus gas and electric. Unit 1 on the second floor has just become vacant, previously rented at $750/month plus gas and electric, and is ready to be leased immediately for additional cash flow. The remaining three units need for renovation, offering immense potential to increase value and generate strong future income. This property presents an opportunity for investors seeking to capitalize on both immediate and long-term gains. The renovation will unlock its full income potential. Don't miss out on this rare gem!

Additional Information

Taxes
$4,928
Lot Dimensions
0.034
School District
Pittsburgh
Parking Description
On Street

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Listing courtesy of KELLER WILLIAMS STEEL CITY.

INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. Listings courtesy of WEST PENN MULTILIST, INC.