Last Sold Price
694 Washington Rd, Pittsburgh, PA 15228

Description

A great investment opportunity in the heart of the business district of Mt. Lebanon. Opportunities like this do not come around very often. This building currently has 3 retail spaces that may be divided back into 4 in the future, if desired, as well as 11 one bedroom apartments. The apartments are spacious with great room sizes and have separate living rooms and dining rooms. Hardwood floors throughout each apartment. Tenants pay their own electric. There are 7 parking spaces in the back of the...A great investment opportunity in the heart of the business district of Mt. Lebanon. Opportunities like this do not come around very often. This building currently has 3 retail spaces that may be divided back into 4 in the future, if desired, as well as 11 one bedroom apartments. The apartments are spacious with great room sizes and have separate living rooms and dining rooms. Hardwood floors throughout each apartment. Tenants pay their own electric. There are 7 parking spaces in the back of the building. Three spaces are assigned to the retail tenants.
LISTING CLOSED: 08/30/2024 12:00 AM

  1. Listed by STEVENSON, WILLIAMS MANAGEMENT COMPANY

Property Details for 694 Washington Road

Status
MLS #
1655519
Days on Market
3
Taxes
$17,150 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Other
MLS Type
Multi-Unit / Other
Year Built
1927
Lot Size
0.18 AC / 7,819 SF
Parking Spaces
7
Zoning
CBD

Location

Listing Courtesy of STEVENSON, WILLIAMS MANAGEMENT COMPANY

Sold By STEVENSON, WILLIAMS MANAGEMENT COMPANY

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Building Information for 694 Washington Road

Stories-Residences14Year Built1927Lot Size0.18 AC / 7,819 SF

Payment Calculator

$6,385 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,956

Property Taxes

$1,429

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 694 Washington Road

Summary
Location and General Information
  • City Name: Pittsburgh
  • Postal Code: 15228
  • County Or Parish: Allegheny-South
  • County M 360: Allegheny
  • State Or Province: Pennsylvania
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 0141-F-00047-0000-00
  • Taxes: $17,150
School Information
  • School District: Mount Lebanon
Parking
  • Parking Description: Assigned Space
Property
Lot Information
  • Acres: 0.1795
  • Lot Size: 0.1795
  • Type of Property: Other
  • Area: Mt. Lebanon
Property and Assessments
  • Insurance: $9,874
  • Year Built Numeric: 1927
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 1
Utilities
  • Utilities: $33,265
Interior and Exterior Features
Interior Features
  • Baths Total: 0.0
Multi Family
Multi-Family Information
  • Num of Units: 10
  • Total Numof Units: 14
Income and Expenses
  • Gross Annual Income: $130,480
  • Net Operating Income: $70,192
Unit Information
Unit 1
  • UNIT Monthly Rent 1: 1100
Unit 2
  • UNIT Monthly Rent 2: 1250
Unit 3
  • UNIT Monthly Rent 3: 850
Unit 4
  • UNIT Monthly Rent 4: 1500
Unit 5
  • Unit Full Baths 5: 1
  • UNIT Monthly Rent 5: 600
  • Unit Num Bedrooms 5: 1
Unit 6
  • Unit Full Baths 6: 1
  • UNIT Monthly Rent 6: 600
  • Unit Num Bedrooms 6: 1
Unit 7
  • Unit Full Baths 7: 1
  • UNIT Monthly Rent 7: 570
  • Unit Num Bedrooms 7: 1
Unit 8
  • Unit Full Baths 8: 1
  • UNIT Monthly Rent 8: 580
  • Unit Num Bedrooms 8: 1
Unit 9
  • Unit Full Baths 9: 1
  • UNIT Monthly Rent 9: 700
  • Unit Num Bedrooms 9: 1
Unit 10
  • Unit Full Baths 10: 1
  • UNIT Monthly Rent 10: 775
  • Unit Num Bedrooms 10: 1
Rental
Rental Information
  • Tenant Occupied: Yes

Property History for 694 Washington Road

DateEvent & SourcePriceAppreciation
Aug 30, 2024

Sold

WPMLS #1655519

$975,000
May 31, 2024

Pending

WPMLS #1655519

May 28, 2024

Listed (Active)

WPMLS #1655519

$950,000
DateEvent & SourcePrice
08/30/2024

Sold

WPMLS #1655519

$975,000
05/31/2024

Pending

WPMLS #1655519

05/28/2024

Listed (Active)

WPMLS #1655519

$950,000

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

Schools near 694 Washington Road

This home is within Mt Lebanon School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - 9 to 12
Rating
School
Distance
Washington El School
PublicK to 5

Mellon Middle School
Public6 to 8

Mt Lebanon Senior High School
Public9 to 12

Seton-La Salle High School
Private9 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.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of STEVENSON, WILLIAMS MANAGEMENT COMPANY

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 2026 West Penn Multi-List, Inc.. All Rights Reserved. Last Updated: 03/10/2025 04:06 PM