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2114 Bedford Ave
Pittsburgh, PA 15219
2114 Bedford Ave Multifamily · Multifamily Property For Sale
·
12 Units
Property Facts
| No. Units | 12 | Lot Size | 0.22 AC |
| Property Type | Multifamily | Building Size | 12,000 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1950/2018 |
| Building Class | C |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 12,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1950/2018 |
About 2114 BEDFORD AVE , PITTSBURGH, PA 15219
With its immaculate location and upside future potential, currently this cash-cow property can turn into a monster income generating property down the road. All the surroundings area are seeing gentrification and huge renovation. Owner has done many upgrades and leaves lots of potential for future buyers. Located very close to Downtown Pittsburgh, the subject property offers 12 traditional apartment units with an additional liquor bar facility (basement of one section of the building) which can be used for party rental, private party or get together. Built as a large multi-family property, this building resides within blocks of downtown, popular retail shops, gourmet restaurants, Downtown Central Business District and is located just opposite to newly built and spectacular looking Bedford Hill Apartment. Tenants enjoy spectacular views of Downtown Pittsburgh. The whole building is divided into 4 parts, namely 2114, 2116, 2118 and 2120. Each section consists of a 3bd/1ba upstairs unit, a 2bd/1ba 1st floor unit, a 1bd studio with 1 full bath rear unit. Each unit has basement access. All 3bd/1ba and 2bd/1bath has its own balcony and rear access. Most of the units have been renovated with new floors and baths. The upstairs units (3bd/1ba) enjoy increased natural lighting. Buyer can potentially work with city to convert the zoning for each section and sell each section as 3-unit residential property for even upside sell-ability. With rental upside and significant appreciation in this sought after location, this property provides an investor the unique opportunity to obtain an income producing property in a historic close-in downtown Pittsburgh location
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 3 | $930.50 | - |
| 2+1 | 4 | $891.00 | - |
| Studios | 4 | $629.50 | - |
| 4+1 | 1 | $1,875 | - |
Property Taxes
| Parcel Number | 0010-J-00340-0000-00 | Improvements Assessment | $119,000 |
| Land Assessment | $40,000 | Total Assessment | $159,000 |
Property Taxes
