7209 Penn Avenue

7209 Penn Avenue

Pittsburgh, PA 15208

$849,000
Price
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a front view of a house with garden and porch
an aerial view of a house with a yard
a view of a workspace with furniture and a window
a bedroom with a bed and wooden floor
a bedroom with a bed and a dresser
a living room with a fireplace and a floor to ceiling window
a bedroom with furniture and a window
a living room with furniture and a fireplace
a living room with furniture and a large window
a living room with furniture and a large window
a bathroom with a bathtub and a sink
a view of cabinets and wooden floor
a very nice looking room with a wooden floor and a bathroom
a dining room with wooden floor and furniture
a view of a living room and dining room
a living room with furniture a window and a fireplace
a bedroom with a bed and a fireplace
a bedroom with a bed and a flat tv screen on the dresser
a living room with furniture and a window
a living room with furniture and a window
a living room with furniture and a fireplace
a living room with furniture and a couch
a living room with furniture and a flat screen tv
a living room with furniture and a flat screen tv
a living room with furniture and a fireplace
a kitchen with a sink cabinets and appliances
a kitchen with stainless steel appliances granite countertop a sink refrigerator and cabinets
a kitchen with stainless steel appliances granite countertop a sink stove and refrigerator
a living room with furniture and a fireplace
a front view of a house with a garage
a front view of a house with garden
a view of a room with gym equipment
a view of garage with furniture
a living room with furniture a chandelier and a flat screen tv
a kitchen with stainless steel appliances granite countertop a stove a sink and a microwave
a bathroom with a sink toilet vanity and tub
a living room with furniture and a wooden floor
a bedroom with two beds and a couch
a bed sitting in a bedroom and dresser
a view of a hallway with closet
a bed room with a bed and a table
an aerial view of a house with a garden
a view of a garden with a flower
an aerial view of a city with lots of residential buildings
an aerial view of residential houses with outdoor space
an aerial view of a house with a yard and a fountain
a view of house with outdoor space and garden
a view of a chairs and table in a patio
a sign that is on the side of the road

Description

Located across from the Frick Estate and Museum, this profitable triplex in Point Breeze offers a cap rate of 7.7% and zero vacancy. The first floor unit features 3BR/2BA, over 2000 sq ft, and a front porch with Frick Mansion views. The second floor has 2BR/1BA, a large eat-in kitchen, and oversized windows. The third floor offers 2BR/1BA, high ceilings, and ample natural light. Each unit includes updated kitchens and bathrooms, in-unit laundry, and 2 off-street parking spaces. An artist studio in...Located across from the Frick Estate and Museum, this profitable triplex in Point Breeze offers a cap rate of 7.7% and zero vacancy. The first floor unit features 3BR/2BA, over 2000 sq ft, and a front porch with Frick Mansion views. The second floor has 2BR/1BA, a large eat-in kitchen, and oversized windows. The third floor offers 2BR/1BA, high ceilings, and ample natural light. Each unit includes updated kitchens and bathrooms, in-unit laundry, and 2 off-street parking spaces. An artist studio in the garage, rented for 10+ years, provides extra income. Close to Rockwell Park, Fresh International Market, East End Food Co-op, and Frick Park, plus Bakery Square, Trader Joe’s, East Liberty restaurants, Whole Foods, and upcoming Fresh Market and Market District. A prime investment opportunity blending historical charm and modern living. This triplex is an excellent choice for first-time homeowners because it offers the potential for significant rental income to offset mortgage costs!
  1. Listed by HOWARD HANNA REAL ESTATE SERVICES

Property Details for 7209 Penn Avenue

Parking Spaces
6
Zoning
R1D-L

Location

Listing Courtesy of HOWARD HANNA REAL ESTATE SERVICES
Add your commute
LISTING UPDATED: 05/21/2024 11:04 PM

Property Details for 7209 Penn Avenue

StatusActive
MLS #1654480
Days on Market26
Taxes$4,500 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Unit / Triplex
Year Built1900
Lot Size0.39 AC / 16,962 SF
CountyAllegheny County

Location

Listing Courtesy of HOWARD HANNA REAL ESTATE SERVICES
Add your commute

Building Information for 7209 Penn Avenue

Stories-Residences3Year Built1900Building Size-Lot Size0.39 AC / 16,962 SF

Payment Calculator

$5,008 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,633

Property Taxes

$375

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7209 Penn Avenue

Summary
Location and General Information
  • City Name: Pittsburgh
  • Postal Code: 15208
  • 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: 0126-H-00238-0000-00
  • Taxes: $4,500
School Information
  • School District: Pittsburgh
  • School Transportation: Yes
Parking
  • Parking Description: Off-Street Parking
Virtual Tour
Property
Lot Information
  • Acres: 0.3894
  • Lot Size: 0.3894
  • Type of Property: Triplex
  • Area: Point Breeze
  • Construction: Brick
Property and Assessments
  • Insurance: $1,600
  • Maintenance: $1,800
  • Year Built Numeric: 1900
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 50
Utilities
  • Utilities: $4,000
  • Utilities Available: Electricity, Gas, Sewer, Water
Interior and Exterior Features
Exterior Features
  • Roof: Composition
Interior Features
  • Baths Total: 0.0
  • Basement: Yes
  • Basement Description: Full
Multi Family
Multi-Family Information
  • Num of Units: 4
  • Total Numof Units: 3
Income and Expenses
  • Gross Annual Income: $75,960
  • Gross Operating Income: $64,060
  • Net Operating Income: $64,060
Unit Information
Unit 1
  • Unit Full Baths 1: 2
  • UNIT Monthly Rent 1: 2100
  • Unit Num Bedrooms 1: 3
Unit 2
  • Unit Full Baths 2: 1
  • UNIT Monthly Rent 2: 1930
  • Unit Num Bedrooms 2: 2
Unit 3
  • Unit Full Baths 3: 1
  • UNIT Monthly Rent 3: 1700
  • Unit Num Bedrooms 3: 2
Unit 4
  • UNIT Monthly Rent 4: 600
Rental
Rental Information
  • Tenant Occupied: Yes
  • Vacancy Percentage: 0

Property History for 7209 Penn Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7209 Penn Avenue

Taxable ValueLand$41,100Additions$147,600Total$188,700
Tax Record2024$4,348 ($362 / month)
Home Facts
Baths4.5Total Finished SqFt5,160 SqFtAbove Grade Finished SqFt5,160 SqFtStories3Lot Size16,964 SqFtStyleQuadraplexYear Built1900CountyALLEGHENYAPN126-H-238

Schools near 7209 Penn Avenue

This home is within Pittsburgh School District.
Rating
School
Type
Grades
Distance
Pittsburgh Minadeo K-5
Public - PK to 5
Pittsburgh Sterrett 6-8
Public - 6 to 8
Pittsburgh Allderdice High School
Public - 9 to 12
Pittsburgh Linden K-5
Public - K to 5
Rating
School
Distance
Pittsburgh Minadeo K-5
PublicPK to 5

Pittsburgh Sterrett 6-8
Public6 to 8

Pittsburgh Allderdice High School
Public9 to 12

Pittsburgh Linden K-5
PublicK to 5

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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More information about 7209 Penn Avenue, Pittsburgh, PA 15208

7209 Penn Avenue is a multi-family home for sale in Pittsburgh, PA 15208. This property was listed for sale on May 20, 2024 by HOWARD HANNA REAL ESTATE SERVICES, it's currently listed at $849,000. It has been on the market for a total of 26 days and was last sold on August 7, 2013. This listing's school district is Pittsburgh School District. Nearby schools include Pittsburgh Minadeo K-5, Pittsburgh Sterrett 6-8 and Pittsburgh Allderdice High School. 7209 Penn Avenue is a 0-bed, 0-bath, multi-family home built in 1900.

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 HOWARD HANNA REAL ESTATE SERVICES

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: 05/21/2024 11:04 PM