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Listed by COMPASS PENNSYLVANIA, LLC
$ 230,000
Est. payment | /mo
7,649 Sqft Lot
$ 230,000
Est. payment | /mo
7,649 Sqft Lot
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1761189
Style Mid Rise
HOA Y/N No
Year Built 1930
Annual Tax Amount $1,686
Lot Size 7,649 Sqft
Acres 0.1756
Property Description
**Value-Add Multifamily Opportunity – 11 Units in Pittsburgh's Up and Coming Homewood Neighborhood**
Rare opportunity to acquire an 11-unit apartment building in Homewood. Located at 600 Oakwood Avenue, this vacant multifamily property presents a substantial value-add redevelopment project for experienced investors, developers, or contractors.
The building is currently boarded and vacant and requires a full renovation. Significant capital improvements are needed throughout, offering the chance to reposition the asset and create a stabilized income-producing property in a strong rental market.
The existing unit count provides multiple redevelopment and investment strategies, whether restoring the building as traditional apartments, pursuing workforce housing, or exploring other permitted uses subject to municipal approvals.
Conveniently located near East Liberty, Homewood, Bakery Square, public transportation, major employment centers, shopping, and dining. With strong rental demand throughout Pittsburgh's East End, this property offers the potential to create substantial value through renovation and lease-up.
Property is being sold as-is. Buyer responsible for conducting all due diligence regarding condition, zoning, occupancy, and redevelopment potential.
Rare opportunity to acquire an 11-unit apartment building in Homewood. Located at 600 Oakwood Avenue, this vacant multifamily property presents a substantial value-add redevelopment project for experienced investors, developers, or contractors.
The building is currently boarded and vacant and requires a full renovation. Significant capital improvements are needed throughout, offering the chance to reposition the asset and create a stabilized income-producing property in a strong rental market.
The existing unit count provides multiple redevelopment and investment strategies, whether restoring the building as traditional apartments, pursuing workforce housing, or exploring other permitted uses subject to municipal approvals.
Conveniently located near East Liberty, Homewood, Bakery Square, public transportation, major employment centers, shopping, and dining. With strong rental demand throughout Pittsburgh's East End, this property offers the potential to create substantial value through renovation and lease-up.
Property is being sold as-is. Buyer responsible for conducting all due diligence regarding condition, zoning, occupancy, and redevelopment potential.
Location
State PA
County Allegheny-east
Community Public Transportation
Area Homewood-Brushton
Zoning RES
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Community Features Public Transportation
Utilities Available Electricity Available
Building
Architectural Style Mid Rise
Structure Type Brick
Schools
School District Pittsburgh
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Ryan Frankowski
REALTOR® | Lic# RS374573