1 Pennridge Court

Pittsburgh, PA 15235

$1,000,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Fabulous residential investment opportunity. Well maintained Pennridge Court Apartments is a 19 unit rental property. Property consists of two single story brick buildings with new roof (9/2021), off street parking and easy access to public transportation. There are coin operated laundry facilities as well as a utility area. The units are consistent in layout and finishes with 1 bedroom, 1 bath, kitchen and living area. Impressive rental history – low turnover, all units occupied. Great cash flow...Fabulous residential investment opportunity. Well maintained Pennridge Court Apartments is a 19 unit rental property. Property consists of two single story brick buildings with new roof (9/2021), off street parking and easy access to public transportation. There are coin operated laundry facilities as well as a utility area. The units are consistent in layout and finishes with 1 bedroom, 1 bath, kitchen and living area. Impressive rental history – low turnover, all units occupied. Great cash flow - exceptional opportunity for an investor! Tenants pay their own electric and gas.
  1. Listed by NEXTHOME DYNAMIC

Property Details for 1 Pennridge Court

Parking Spaces
19
Zoning
C

Location

Listing Courtesy of NEXTHOME DYNAMIC

Sold By RAPID INVESTMENT GROUP, LLC

Add your commute
LISTING UPDATED: 01/26/2022 02:40 PM

Property Details for 1 Pennridge Court

StatusSold
MLS #1522666
Days on Market46
Taxes$13,038 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Unit
Year Built1957
Lot Size1.00 AC / 43,560 SF
CountyAllegheny County

Location

Listing Courtesy of NEXTHOME DYNAMIC

Sold By RAPID INVESTMENT GROUP, LLC

Add your commute

Building Information for 1 Pennridge Court

Stories-Residences19Year Built1957Building Size-Lot Size1.00 AC / 43,560 SF

Payment Calculator

$6,544 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,457

Property Taxes

$1,087

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1 Pennridge Court

Summary
Location and General Information
  • City Name: Pittsburgh
  • Postal Code: 15235
  • County Or Parish: Allegheny-East
  • County M 360: Allegheny
  • State Or Province: Pennsylvania
  • Public Transportation: Yes
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 0539-F-00286-0000-00
  • Taxes: $13,038
School Information
  • School District: Penn Hills
  • School Transportation: Yes
Parking
  • Parking Description: General/Common Area
Property
Lot Information
  • Acres: 1.0
  • Lot Size: 1
  • Type of Property: Other
  • Area: Penn Hills
  • Construction: Brick
Property and Assessments
  • Insurance: $1,800
  • Year Built Numeric: 1957
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 25
Utilities
  • Utilities: $15,600
  • Utilities Available: Electricity, Gas, Sewer, Water
Interior and Exterior Features
Interior Features
  • Baths Total: 0.0
  • Basement: No
Multi Family
Multi-Family Information
  • Num of Units: 10
  • Total Numof Units: 19
Income and Expenses
  • Gross Annual Income: $118,140
  • Gross Operating Income: $89,502
Unit Information
Unit 1
  • Unit Full Baths 1: 1
  • UNIT Monthly Rent 1: 625
  • Unit Num Bedrooms 1: 1
Unit 2
  • Unit Full Baths 2: 1
  • UNIT Monthly Rent 2: 625
  • Unit Num Bedrooms 2: 1
Unit 3
  • Unit Full Baths 3: 1
  • UNIT Monthly Rent 3: 625
  • Unit Num Bedrooms 3: 1
Unit 4
  • Unit Full Baths 4: 1
  • UNIT Monthly Rent 4: 500
  • Unit Num Bedrooms 4: 1
Unit 5
  • Unit Full Baths 5: 1
  • UNIT Monthly Rent 5: 500
  • Unit Num Bedrooms 5: 1
Unit 6
  • Unit Full Baths 6: 1
  • UNIT Monthly Rent 6: 500
  • Unit Num Bedrooms 6: 1
Unit 7
  • Unit Full Baths 7: 1
  • UNIT Monthly Rent 7: 500
  • Unit Num Bedrooms 7: 1
Unit 8
  • Unit Full Baths 8: 1
  • UNIT Monthly Rent 8: 500
  • Unit Num Bedrooms 8: 1
Unit 9
  • Unit Full Baths 9: 1
  • UNIT Monthly Rent 9: 500
  • Unit Num Bedrooms 9: 1
Unit 10
  • Unit Full Baths 10: 1
  • UNIT Monthly Rent 10: 500
  • Unit Num Bedrooms 10: 1
Rental
Rental Information
  • Tenant Occupied: Yes
  • Vacancy Percentage: 0

Property History for 1 Pennridge Court

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1 Pennridge Court

This home is within Penn Hills School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Penn Hills Elementary School
PublicK to 5

Linton Middle School
Public6 to 8

Penn Hills Senior High School
Public9 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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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 NEXTHOME DYNAMIC

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: 01/26/2022 02:40 PM