545 Hite Road

Sold 2/28/22

Sold

Last Sold Price

$175,250

545 Hite Rd, Cheswick, PA 15024

Multi FamilyProperty Type

1941Year Built

3 carsParking Spaces

Description

Fantastic Location for an Investment Opportunity! Right off of 28 and just minutes from the Turnpike! Each unit has separate bedroom(s), bathroom, living room, and all with individual entrances. All units have access to the common area in the basement, again with their own entrances. In the basement, you will find a shared space with coin-op laundry and each unit has their own storage closet. This triplex also features a double car garage, that has been divided by a wall. Two units have a garage...Fantastic Location for an Investment Opportunity! Right off of 28 and just minutes from the Turnpike! Each unit has separate bedroom(s), bathroom, living room, and all with individual entrances. All units have access to the common area in the basement, again with their own entrances. In the basement, you will find a shared space with coin-op laundry and each unit has their own storage closet. This triplex also features a double car garage, that has been divided by a wall. Two units have a garage space and the driveway offers parking for the third unit. LONG term tenants of 15+ years for two of the units and 5 years for the third, they are MONTH to MONTH and have not had an increase in rent. A new investor purchasing has the potential for higher rents! House can be converted to a duplex if preferred. Convenient to shopping and restaurants and more!

Listed by: • BERKSHIRE HATHAWAY HOMESERVICES THE PREFERRED REAL

Listing closed: 02/28/2022 12:00 AM • Source: WPMLS, MLS#: 1536990

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Location

Listing Courtesy of BERKSHIRE HATHAWAY HOMESERVICES THE PREFERRED REAL

Sold By EXP REALTY LLC

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$1,173 per month

30 year fixed, 7.03% Interest

Principal and Interest

$936

Property Taxes

$237

HOA Dues

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Property Information for 545 Hite Road

Property Details

Taxes: $2,847 / year
MLS Type: Multi-Unit / Triplex
County: Allegheny County
Parking Spaces: 3
Zoning: Res

Building Information

Residences: 3
Year Built: 1941

Summary

Location and General Information

City Name: Cheswick
Postal Code: 15024

County Or Parish: Allegheny-North
County M 360: Allegheny
State Or Province: Pennsylvania

Taxes and HOA Information

Map Num Block Num Lot Num Info: 0625-E-00022-0000-00
Taxes: $2,847

School Information

School District: Allegheny Valley

Parking

Parking Description: Detached Garage

Virtual Tour

Tour URL Branded: https://tour.thepreferredrealty.com/545-Hite-PA-15024

Property

Lot Information

Lot Size: 121x158
Type of Property: Triplex

Area: Harmar
Construction: Brick

Property and Assessments

Insurance: $900
Year Built Numeric: 1941

Disclaimer: Information Deemed Reliable, But Not Guaranteed
Photo Count: 19

Utilities

Utilities Available: Electricity, Gas, Sewer, Water

Interior and Exterior Features

Exterior Features

Roof: Asphalt

Interior Features

Baths Total: 0.0

Multi Family

Multi-Family Information

Num of Units: 3
Total Numof Units: 3

Income and Expenses

Gross Annual Income: $20,000

Unit Information

Unit 1

Unit Full Baths 1: 1
UNIT Monthly Rent 1: 550

Unit Num Bedrooms 1: 2

Unit 2

Unit Full Baths 2: 1
UNIT Monthly Rent 2: 575

Unit Num Bedrooms 2: 2

Unit 3

Unit Full Baths 3: 1
UNIT Monthly Rent 3: 490

Unit Num Bedrooms 3: 1

Rental

Rental Information

Tenant Occupied: Yes

Property History for 545 Hite Road

Date	Event & Source	Price	Appreciation
Feb 28, 2022	Sold WPMLS #1536990	$175,250	—
Feb 25, 2022	Sold (Public Record) Public Record #1487936595	$175,250	—
Jan 30, 2022	Pending WPMLS #1536990		—
Jan 30, 2022	In Contract WPMLS #1536990		—
Jan 26, 2022	Listed (Active) WPMLS #1536990	$185,000	—
Sep 7, 2016	Sold WPMLS #1201141	$117,000	—
Jul 14, 2016	Pending WPMLS #1201141		—
Dec 17, 2015	Listed (Active) WPMLS #1201141	$149,000	—

Date	Event & Source	Price
02/28/2022	Sold WPMLS #1536990	$175,250
02/25/2022	Sold (Public Record) Public Record #1487936595	$175,250
01/30/2022	Pending WPMLS #1536990	—
01/30/2022	In Contract WPMLS #1536990	—
01/26/2022	Listed (Active) WPMLS #1536990	$185,000
09/07/2016	Sold WPMLS #1201141	$117,000
07/14/2016	Pending WPMLS #1201141	—
12/17/2015	Listed (Active) WPMLS #1201141	$149,000

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

Public Records for 545 Hite Road

Taxable Value

Land

$37,900

Additions

$62,100

Total$100,000

Tax Record

2026

$643 ($54 / month)

Home Facts

Baths

Total Finished SqFt

1,601 SqFt

Above Grade Finished SqFt

1,601 SqFt

Stories

Lot Size

17,223 SqFt

Style

Triplex

Year Built

1941

Year Renovated

1941

County

ALLEGHENY

APN

0625-E-00022-0000-00

Schools near 545 Hite Road

This home is within Allegheny Valley School District.


Rating	School	Type	Grades	Distance
6/10	Acmetonia Elementary School	Public - Serves this home	PK to 6	0.8 mi
6/10	Springdale Junior-Senior High School	Public - Serves this home	7 to 12	1.9 mi


Rating	School	Distance
6/10	Acmetonia Elementary School PublicPK to 6 Serves this home	0.8 mi
6/10	Springdale Junior-Senior High School Public7 to 12 Serves this home	1.9 mi

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.

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