Cash Cow with Tons of Equity!!! Solid three-story top/down duplex with durable, solid hardwood floors and slate roof. Separate water and electric, gas is currently shared, but could be separated. Simple rehab, needs mostly cosmetic work. Cost would vary depending on the scope of work you choose. Unit 1 is on the first floor and is 1 bedroom with 1 full bathroom - Average rent is $650. Unit 2 is comprised of the second and third floors. It has three bedrooms and 1 full bathroom - Average rent ranges from $950-1200. Being that this is two full floors, you could probably get closer to the higher end. For flipping, a simple conversion to a single-family home would be the best course. Spend $60-70k on mostly cosmetics and there are strong comps for recently renovated homes. 1. 77 S Harrison Ave: $216K on 10/9/18 2. 443 Forest Ave: $225K on 6/26/18 3. 75 N Bryant Ave: $215 on 11/29/18 Asking price is $80,000 with the buyer paying all closing costs. A $2,000 non-refundable deposit is required with all contracts. 168 Washington Avenue Pittsburgh, PA 15202
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