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Listed by RE/MAX SELECT REALTY
$ 249,900
Est. payment | /mo
2,330 Sqft Lot
$ 249,900
Est. payment | /mo
2,330 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1760265
HOA Y/N No
Year Built 1895
Annual Tax Amount $658
Lot Size 2,330 Sqft
Acres 0.0535
Property Sub-Type Duplex
Property Description
Excellent investment opportunity in Homewood. Conveniently located on Lincoln Avenue, this fully rented duplex generates $3,070 per month in rental income and offers strong cash-flow potential. Long-term tenants in place for more than eight years provide stability, while fair market rent projections through Section 8 indicate potential income of up to $3,910 per month. The upper unit occupies the second and third floors and features three bedrooms, one bathroom, a spacious living room, an eat-in kitchen, and a dedicated laundry room. The main-floor unit offers the convenience of step-free entry and includes a large living room and kitchen. Both units are separately metered for gas and electric, helping to minimize owner expenses and simplify property management. The property has a proven rental history and remains easy to keep occupied thanks to its convenient location near public transportation, shopping, dining, and everyday amenities. A fenced, level side yard provides attractive outdoor space for tenants to enjoy. Whether you're looking to expand your portfolio or acquire a dependable income-producing asset, this well-maintained duplex offers immediate cash flow, stable tenancy, and excellent upside potential.
Location
State PA
County Allegheny-east
Community Public Transportation
Area Homewood-Brushton
Zoning 2-Fam
Rooms
Basement Full
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Parking Features On Street
Community Features Public Transportation
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Total Parking Spaces 3
Building
Structure Type Frame
Schools
School District Pittsburgh
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Ronalyn Mitcheltree
REALTOR® | Lic# RS276216