1586 Electric Avenue

East Pittsburgh, PA 15112

$214,000
Last Sold Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Sold 1/17/25

Sold 1/17/25

a view of a house with a balcony
a view of a livingroom with staircase and white walls
a view of an empty room with a window
a view of an empty room
a view of a indoor space
an empty room with windows
a kitchen with stainless steel appliances kitchen island granite countertop a sink and cabinets
a kitchen with stainless steel appliances granite countertop a stove a sink and a refrigerator
a bathroom with a sink and a shower
a bathroom with a sink and a mirror
a bathroom with a bathtub
a bathroom with a shower
a large bathroom with a sink a large mirror and a shower
a view of a brick house with a wooden deck
a view of house with backyard and sitting area
a view of a entryway with a couch
a utility room with cabinets
a view of empty room
a view of a room with front door
a bathroom with a toilet and a shower
a bathroom with a sink and a mirror
a living room with furniture window
a living room with a couch and dresser
a kitchen with a sink stove and cabinets
a utility room with dryer and washer
a view of bathroom with a sink and toilet
a view of a porch with a floor to ceiling window and wooden floor
a kitchen with a sink a stove and cabinets
a view of hallway with washer and dryer
a bathroom with a sink a mirror and a shower
a bathroom with a tub a rug and a shower
a view of a room with racks on the wall

Description

Investors special! CAP RATE 15.56% Cash flow property. 4 units all with separate gas and electric. Unit 1 has central air, large open living area, 1 bedroom, and a spacious recently renovated bathroom, and a large kitchen with great counter space and storage. Unit 2A has an open area living room/kitchen with 1 bedroom and an updated bath, as well as a large deck to enjoy the summer. Unit 2B has 1 bedroom, renovated bath, laundry area and has a smaller deck and a covered area just off the kitchen....Investors special! CAP RATE 15.56% Cash flow property. 4 units all with separate gas and electric. Unit 1 has central air, large open living area, 1 bedroom, and a spacious recently renovated bathroom, and a large kitchen with great counter space and storage. Unit 2A has an open area living room/kitchen with 1 bedroom and an updated bath, as well as a large deck to enjoy the summer. Unit 2B has 1 bedroom, renovated bath, laundry area and has a smaller deck and a covered area just off the kitchen. Unit 3 has a car port at the top of the driveway and a large, covered porch as well as a HUGE primary bedroom with great closet space, 2nd bedroom, updated bath, laundry area, living room, dining room and kitchen. Wow! Make this one part of your portfolio.
  1. Listed by NEIGHBORHOOD REALTY SERVICES

Property Details for 1586 Electric Avenue

Parking Spaces
3
Zoning
Comm
LISTING UPDATED: 01/24/2025 10:45 AM

Property Details for 1586 Electric Avenue

StatusSold
MLS #1675328
Days on Market99
Taxes$5,442 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Unit / Fourplex
Year Built1920
Lot Size0.08 AC / 3,615 SF
CountyAllegheny County

Building Information for 1586 Electric Avenue

Stories-Residences4Year Built1920Building Size-Lot Size0.08 AC / 3,615 SF

Property Information for 1586 Electric Avenue

Summary
Location and General Information
  • City Name: East Pittsburgh
  • Postal Code: 15112
  • County Or Parish: Allegheny-East
  • County M 360: Allegheny
  • State Or Province: Pennsylvania
  • Directions: Ardmore Blvd/Route 30E to Electric Avenue exit to property on the right
  • Public Transportation: Yes
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 375-C-268 and 375-C-266
  • Taxes: $5,442
School Information
  • School District: Woodland Hills
  • School Transportation: Yes
Parking
  • Parking Description: Off-Street Parking
Property
Lot Information
  • Acres: 0.083
  • Lot Size: 26x148x26x143
  • Type of Property: Fourplex
  • Area: N Braddock
  • Construction: Brick
Property and Assessments
  • Insurance: $1,749
  • Maintenance: $1,700
  • Year Built Numeric: 1920
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 35
Utilities
  • Utilities: $3,910
  • Utilities Available: Electricity, Gas, Sewer, Water
Interior and Exterior Features
Exterior Features
  • Roof: Asphalt
Interior Features
  • Baths Total: 0.0
  • Basement: Yes
  • Basement Description: partial
  • Insulation: Unknown
Multi Family
Multi-Family Information
  • Num of Units: 4
  • Total Numof Units: 4
Income and Expenses
  • Gross Annual Income: $46,860
  • Net Operating Income: $35,784
Unit Information
Unit 1
  • Unit Full Baths 1: 1
  • UNIT Monthly Rent 1: 850
  • Unit Num Bedrooms 1: 1
Unit 2
  • Unit Full Baths 2: 1
  • UNIT Monthly Rent 2: 900
  • Unit Num Bedrooms 2: 1
Unit 3
  • Unit Full Baths 3: 1
  • UNIT Monthly Rent 3: 850
  • Unit Num Bedrooms 3: 1
Unit 4
  • Unit Full Baths 4: 1
  • UNIT Monthly Rent 4: 975
  • Unit Num Bedrooms 4: 2
Rental
Rental Information
  • Tenant Occupied: Yes
  • Vacancy Dollars: $2,343
  • Vacancy Percentage: 5

Property History for 1586 Electric 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 1586 Electric Avenue

Taxable ValueLand$600Additions-Total$600
Tax Record2024$25 ($2 / month)
Home Facts
Beds0Lot Size1,583 SqFtStyleMiscellaneous Vacant LandCountyALLEGHENYAPN374-R-125

Schools near 1586 Electric Avenue

This home is within Woodland Hills School District.
Rating
School
Type
Grades
Distance
TURTLE CREEK EL STEAM ACADEMY
Public - PK to 5
Woodland Hills Academy
Public - K to 8
Woodland Hills Senior High School
Public - 9 to 12
Wilkins El School
Public - PK to 5
Rating
School
Distance
TURTLE CREEK EL STEAM ACADEMY
PublicPK to 5

Woodland Hills Academy
PublicK to 8

Woodland Hills Senior High School
Public9 to 12

Wilkins El School
PublicPK 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near North Braddock

Neighborhoods

Cities

ZIPs

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NEIGHBORHOOD REALTY 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 2025 West Penn Multi-List, Inc.. All Rights Reserved. Last Updated: 01/24/2025 10:45 AM