Property Description

Calling all investors! High-return Duplex in Prime Locationrnrn3552 Melwood Ave is a fantastic opportunity for investors seeking strong returns in Pittsburgh’s thriving rental market. This duplex offers great value: Unit 1 (lower) is fully gutted with new electrical wiring and plumbing rough-ins, ready for the next owner’s vision. Unit 2 is nearly complete, allowing for quick occupancy. Plus, tenants can enjoy stunning city views from the upper unit’s deck!rnrnA rental analysis of both units as long-term rentals projects a strong 11% cap rate and meets the golden “1% rule,” making this a prime cash-flowing asset. Whether you’re looking to house-hack, flip, or hold for long-term gains, this property delivers.rnrnClose to universities, hospitals, and thriving employment centers, this duplex is positioned for high rental demand. Don’t miss this high-yield investment opportunity!

Basement
walk up
Features
: Duplex
Address Map
US
PA
Allegheny-East
Pittsburgh
Melwood Ave
3552
0
W80° 2' 26.4''
N40° 27' 34.8''
Polish Hill
GPS
$1,495
Building and Construction
0.0551
: Asphalt
: R2-h
School Information
Pittsburgh

Active

3552 Melwood Ave, Pittsburgh, PA 15213

0 Bedrooms
0 Bathrooms
0.06 Acre
$252,000
Listing ID #1690673
Basic Details
Listing Type : For Sale
Listing ID : 1690673
Price : $252,000
Bedrooms : 0
Bathrooms : 0
Year Built : 1900
Lot Area : 0.06 Acre
Property Type : Multi-unit
Status : Active
Agent info
Keller Williams
460 Washington Rd #2, Washington, PA 15301
Contact Agent