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4614 Penn Ave - 4614 Penn Ave near UPMC Children's Hospital 0.14 Acres of Commercial Land Offered at $685,000 in Pittsburgh, PA 15224



INVESTMENT HIGHLIGHTS
- Two blocks from UPMC Children's Hospital in Lawerencevllle
- Level lot, ready for development
- Ideal for Development
- Frontage on busy Penn Ave
- Walker's Paradise Score 93
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$961
|
$6,978.94
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$961
|
$6,978.94
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Taxes | |
|---|---|
| Annual | $961 |
| Annual Per AC | $6,978.94 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $961 |
| Annual Per AC | $6,978.94 |
PROPERTY FACTS
| Price | $685,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.14 AC |
| Property Type | Land | No. Stories | 2 |
| Zoning | LNC - Local Neighborhood Commercial | ||
| Price | $685,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.14 AC |
| No. Stories | 2 |
| Zoning | LNC - Local Neighborhood Commercial |
1 LOT AVAILABLE
Lot 4
| Price | $685,000 | Lot Size | 0.14 AC |
| Price Per AC | $4,973,101.69 |
| Price | $685,000 |
| Price Per AC | $4,973,101.69 |
| Lot Size | 0.14 AC |
Flat lot with ingress and egress from Penn Ave and Cromie Way. Zoned: LNC - Local Neighborhood Commercial. Utilities available.
DESCRIPTION
Invest in this Lawrenceville Land with Garage located within 2 block of UPMC Children's hospital. Develop this 60 ft x 100 ft land into a 3 story multi-family 10 units apartment building with parking, apartments over commercial or a commercial building! The possibilities are endless! This land is located on busy Penn Ave with back access on Cromrie Way. 4 Parcels sold together. Zoned LNC - Local Neighborhood Commercial. Walker Paradise score of 93! It is minutes to Downtown Pittsburgh, Rt 28, with easy access to Pittsburgh Airport.
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $53,300 (2025) | |
| Land Assessment | $53,300 (2025) | Annual Taxes | $961 |
| Improvements Assessment | $0 (2025) | Tax Year | 2023 |
PROPERTY TAXES
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4614 Penn Ave - 4614 Penn Ave near UPMC Children's Hospital
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