**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.
32 days
|
246
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12
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Zillow last checked:
Listing updated:
Listed by:
Michael Lingg724-318-6681,
COMPASS PENNSYLVANIA, LLC724-318-6681
Source: WPMLS,MLS#: 1761189Originating MLS: West Penn Multi-List
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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