Wilmerding, PA 15148,106 Herman Ave
Wilmerding, PA 15148,106 Herman Ave
Wilmerding, PA 15148,106 Herman Ave
Wilmerding, PA 15148,106 Herman Ave
Wilmerding, PA 15148,106 Herman Ave
Wilmerding, PA 15148,106 Herman Ave
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$1,800,000

$1,950,000

7.7%
Est.Price: ?

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Est. payment /mo

8,250 Sqft Lot


SOLD DATE : 07/14/2023

Key Details

Sold Price $1,800,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 1570042

Sold Date 07/14/23

Originating Board WESTPENN

Annual Tax Amount $14,529

Lot Size 8,250 Sqft

Acres 0.1894

Lot Dimensions 0.1894

Property Description

One of those opportunities that doesn't come around often, a 24 unit apartment building in Wilmerding that has been updated throughout! All of the 18 residential units have been remodeled along with the work in progress of 6 commercial units with 4 of them leased and being formed into modern spaces including a coffee shop and a taco restaurant. All of the residential units are occupied! 4 / 6 commercial units occupied! commercial spaces are starting to be turned into warm, drywalled shells. The building faces Wilmerding park directly across the small street along with The Westinghouse Castle, that is now going under significant renovation and being turned into an arts academy along with other uses. Coin-op laundry being added to the 2nd floor of building. Exceptional rent rates and so much opportunity for income with this property in a growing community that provides easy access to the city, I376, Turnpike and Rte 30! Several bus stops surround the building. City public parking lot.

Location

State PA

County Allegheny-east

Area Wilmerding

Zoning C

Exterior

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

Building

Structure Type Brick

Others

Financing Conventional

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West Penn MLS (WPMLS)
Listed by Realty One Group Horizon
Bought with BERKSHIRE HATHAWAY THE PREFERRED REALTY
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1915 Park Manor Blvd, Pittsburgh, PA, 15205, United States

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