323 Smith Way

Pittsburgh, PA 15211

$575,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Attention Investors! Prime Location! Welcome to 323 Smith Way located in the City of Pittsburgh’s Mt Washington Neighborhood! This solid brick fully occupied four-unit offers a fantastic investment opportunity highlighted by a strong cash flow! The building configuration carries a mirrored floor plan consisting of two first floor units & two second floor units. Each updated unit offers 2 Bedrooms & 1 Full Bath along with a spacious open floor plan of the main living area w/fully equipped kitchens....Attention Investors! Prime Location! Welcome to 323 Smith Way located in the City of Pittsburgh’s Mt Washington Neighborhood! This solid brick fully occupied four-unit offers a fantastic investment opportunity highlighted by a strong cash flow! The building configuration carries a mirrored floor plan consisting of two first floor units & two second floor units. Each updated unit offers 2 Bedrooms & 1 Full Bath along with a spacious open floor plan of the main living area w/fully equipped kitchens. Full basement allows storage for tenants. 4 Car Integral Garage for additional income. The exterior is well maintained & includes a rear parking lot for 4+ additional off-street parking spaces! Tenants pay gas for range & electric. Landlord pays for water/sewage/trash, heating & electric for common areas . Owner employs a Property Management Co. Short distance to Mt. Washington Overlook & Shops & quick commute to Downtown/Southside. Great multi-unit addition to any investment portfolio!
  1. Listed by CENTURY 21 AMERICAN HERITAGE

Property Details for 323 Smith Way

Parking Spaces
8
Zoning
Res/4

Location

Listing Courtesy of CENTURY 21 AMERICAN HERITAGE
Add your commute
LISTING UPDATED: 05/19/2024 10:13 PM

Property Details for 323 Smith Way

StatusActive
MLS #1653961
Days on Market15
Taxes$7,301 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Unit / Fourplex
Year Built1940
Lot Size0.15 AC / 6,751 SF
CountyAllegheny County

Location

Listing Courtesy of CENTURY 21 AMERICAN HERITAGE
Add your commute

Building Information for 323 Smith Way

Stories-Residences4Year Built1940Building Size-Lot Size0.15 AC / 6,751 SF

Payment Calculator

$3,746 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,138

Property Taxes

$608

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 323 Smith Way

Summary
Location and General Information
  • City Name: Pittsburgh
  • Postal Code: 15211
  • County Or Parish: Allegheny-South
  • County M 360: Allegheny
  • State Or Province: Pennsylvania
  • Directions: USE GPS
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 0004 R 00178
  • Taxes: $7,301
School Information
  • School District: Pittsburgh
  • School Transportation: Yes
Parking
  • Parking Description: Integral Garage, Off-Street Parking
Property
Lot Information
  • Acres: 0.155
  • Lot Size: 63x108
  • Type of Property: Fourplex
  • Area: Mt Washington
  • Construction: Brick
Property and Assessments
  • Insurance: $1,500
  • Maintenance: $4,508
  • Year Built Numeric: 1940
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 13
Utilities
  • Utilities: $6,977
  • Utilities Available: Electricity, Gas, Sewer, Water
Interior and Exterior Features
Exterior Features
  • Roof: Asphalt
Interior Features
  • Baths Total: 0.0
  • Basement: Yes
  • Basement Description: Full
Multi Family
Multi-Family Information
  • Num of Units: 4
  • Total Numof Units: 4
Income and Expenses
  • Gross Annual Income: $52,885
  • Net Operating Income: $30,267
  • Other Expenses: $3,071
Unit Information
Unit 1
  • Unit Full Baths 1: 1
  • UNIT Monthly Rent 1: 1050
  • Unit Num Bedrooms 1: 2
Unit 2
  • Unit Full Baths 2: 1
  • UNIT Monthly Rent 2: 1050
  • Unit Num Bedrooms 2: 2
Unit 3
  • Unit Full Baths 3: 1
  • UNIT Monthly Rent 3: 1050
  • Unit Num Bedrooms 3: 2
Unit 4
  • Unit Full Baths 4: 1
  • UNIT Monthly Rent 4: 1100
  • Unit Num Bedrooms 4: 2
Rental
Rental Information
  • Tenant Occupied: Yes

Property History for 323 Smith Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 323 Smith Way

Taxable ValueLand$18,200Additions$298,700Total$316,900
Tax Record2024$7,301 ($608 / month)
Home Facts
Baths4Total Finished SqFt3,024 SqFtAbove Grade Finished SqFt3,024 SqFtStories2Lot Size6,734 SqFtStyleQuadraplexYear Built1940CountyALLEGHENYAPN4-R-178

Schools near 323 Smith Way

This home is within Pittsburgh School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 4 to 12
Rating
School
Distance
Pittsburgh Whittier K-5
PublicK to 5

Pittsburgh South Hills 6-8
Public6 to 8

Pittsburgh Brashear High School
Public9 to 12

Pittsburgh Online Academy
Public4 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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323 Smith Way is a multi-family home for sale in Pittsburgh, PA 15211. This property was listed for sale on May 17, 2024 by CENTURY 21 AMERICAN HERITAGE, it's currently listed at $575,000. It has been on the market for a total of 15 days and was last sold on July 28, 2021. This listing's school district is Pittsburgh School District. Nearby schools include Pittsburgh Whittier K-5, Pittsburgh South Hills 6-8 and Pittsburgh Brashear High School. 323 Smith Way is a 0-bed, 0-bath, multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CENTURY 21 AMERICAN HERITAGE

The information is being provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 West Penn Multi-List, Inc.. All Rights Reserved. Last Updated: 05/19/2024 10:13 PM