Address
556 Middle Ave, Wilmerding, PA
Price
$ 125,000
Property Attributes
  • MLS#1616608
  • TypeMulti-Family
  • CountyALLEGHENY-EAST
  • CityWilmerding
  • AreaWilmerding
  • Zip15148
  • StyleDuplex
  • Year Built1891
  • Taxes$ 510
  • Price$ 125,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Lot Size2,069 SqFt
Data Source:
West Penn MLS (WPMLS)
Property Description

Discover a prime investment opportunity at 556 Middle Avenue. A strategically located up-and-down duplex with immense potential. Positioned near the Tri-Boro Expressway and just minutes away from shopping, dining, and entertainment, this property is conveniently located. The first floor is currently occupied, generating income of $645/month, while the newly renovated second floor is ready for occupancy, allowing for maximum rental income potential. Tenants cover gas and electric, while water, sewer, and trash are in landlords name and billed back to tenants. This duplex comes with a solid rental history. The recent addition of a TPO roof in 2022 enhances the property's durability, minimizing exterior maintenance concerns. With its strategic location and recent renovations, 556 Middle Avenue is a turnkey investment opportunity for both seasoned investors and those entering the real estate market. Don't miss out on the chance to diversify or start your portfolio.

Price History
7/29/2023 Listed $119,900
9/7/2023 1% - $118,900

General Features

Utilities Electricity Available,Natural Gas Available,Sewer Available,Water Available
Roof Other
Zoning RES
Construction Materials Brick
Year Built 1891
Property SubType Duplex
Community Features Public Transportation
County Allegheny-East
Property Type Residential Income
Status Active
Directions E on PA-130/Tri-Boro Expy,Take the exit toward Wilmerding/E McKeesport,R onto Patton St,R onto Middle Ave.
City Wilmerding
Buyer Agent Compensation 2.5
High School District East Allegheny
Zoning Description RES
Total Units 2
MLS Area Wilmerding
Street Name Middle Ave
Listing Agent State License RS358414
Tax Annual Amount 510
MLS Area Minor Wilmerding
Standard Status Active
Occupancy Description Tenant
Middle/Junior School District East Allegheny
Elementary School District East Allegheny
Tax Assessed Value 11400
Property Sub Type Additional Duplex

Interior Features

Basement Unfinished
Basement (Y/N) Yes

Exterior Features

Parking Features On Street
Lot Size Area 0.0475
Lot Dimensions 0.0475
Lot Size Acres 0.0475
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 15148

Price
AVG $210K
$130K
Taxes
AVG $2,222
$510
Visits
AVG 132
148
Data Provided by Inside Real Estate®
Year Built
AVG 1908
1891
Walkscore
AVG 32
28
Data Provided by Walkscore® not using MLS data

Areas We Cover