Fully updated brick 4-unit building in Polish Hill, now newly rezoned as a legal quadplex with two new off-street parking pads added, creating 4 total spaces (one per unit). This prime turn-key investment opportunity offers flexible long-term rental and short-term rental potential. Unit mix includes one 3-bedroom / 1-bathroom unit, two 1-bedroom / 1-bathroom units, and one Studio apartment. Some units currently operate as successful Airbnbs. Features refreshed kitchens and bathrooms, updated mechanicals. Solid construction, tall ceilings, separate entries with coded locks, laundry in largest unit, basement storage, and shed. Located minutes from Downtown, Lawrenceville, Oakland, and the Strip District. Ideal for investors, 1031 buyers, or house hackers seeking strong returns. Estimated 8.5% cap rate using conservative HUD Fair Market Rent figures. For a complete virtual walkthrough tour, search "329 Downing St" on YouTube.
Under contract
Price cut: $51K (5/1)
$499,000
329 Downing St, Pittsburgh, PA 15219
6beds
4baths
--sqft
Est.:
Quadruplex, Multi Family, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 108 days
- on Zillow |
- 471 |
- 24 |
- Loading