For sale
  • $220,000

    516 Ridge Ave, East Pittsburgh, PA 15112

    6beds
    3baths
    --sqft
    : 
    Triplex, Multi Family, Multi Family
    Built in 1920
    -- sqft lot
    $215,200 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Fresh paintOff-street parkingDouble-level lotUpdated flooring
    Fantastic three-unit brick building situated on a double-level lot, offering room for potential off-street parking or a tenant outdoor space. The first-floor unit features three bedrooms, while the second floor offers both a one-bedroom and a two-bedroom unit. The owner has remodeled the units with updated flooring and fresh paint, creating clean and move-in-ready spaces. Each unit has separate utilities, including three heating boilers, hot water tanks, and three electric/water meters. Age of mechanics vary with some recently updated. Current rents are estimated based on past performance, with potential to explore Section 8 for higher returns. This is a solid brick property in a convenient location. The current owner has maintained it well, with recent updates including roof resealing (2025), upgraded electrical, plumbing, and more. Don't miss out on this money maker that once rented will produce a solid cap rate for your investment portfolio.
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