skip to main content
$1,100,000

224-226 S Pacific Ave, Pittsburgh, PA 15224

Active #1766659
New7/24
Friendship ParkAllegheny County
Apartment0.14 Acres
Don't miss this exceptional opportunity to own a well-maintained, fully furnished 6-unit apartment building in one of Pittsburgh's most desirable rental markets. Whether you're seeking a turnkey long-term rental portfolio, a short-term rental operation, or a hybrid investment strategy, this property offers incredible flexibility and income potential. Located in the highly sought-after Friendship neighborhood, the building attracts a consistent tenant base thanks to its proximity to Pittsburgh's major employment and education hubs, including Children's Hospital, West Penn Hospital, UPMC Shadyside, and numerous universities. Residents enjoy easy access to East Liberty, Shadyside, Bloomfield, and Lawrenceville, placing some of the city's best shopping, dining, nightlife, and entertainment just minutes away. Timeless architectural character is showcased throughout the property with original hardwood floors, decorative woodwork, vintage tile and bath details, built-in cabinetry, original fireplaces, and classic Pittsburgh charm rarely found in today's rental inventory. The property has been thoughtfully maintained and features separate electric meters, tenant-paid utilities to help maximize cash flow, coin-operated laundry, a steel fire escape, and a brand-new 3-4 car rear parking pad. Numerous recent improvements make this a truly turnkey opportunity. Unit Highlights Include: Unit 1F - Owner-Occupant Dream A spacious 2-bedroom, 1.5-bath apartment that feels more like a private home than a rental. Features include a separate living room, formal dining room, full kitchen, oversized central hallway, two large bedrooms with dual closets, original fireplaces, beautiful woodwork, private front porch, separate entrance, and direct basement access. Unit 1R - A desirable efficiency apartment with a separate kitchen, offering excellent rental flexibility. Unit 2F - A large 1-bedroom apartment featuring a separate living room, kitchen, bedroom, and central hallway with additional storage. Unit 2R - A charming 2-bedroom apartment with its own private entrance, covered porch, and courtyard. Highlights include spacious bedrooms, a walk-in closet, vintage bathroom fixtures, built-in glass cabinetry, hardwood floors, original fireplaces, and abundant natural character. Unit 3 - Occupying the entire third floor, this oversized 1-bedroom apartment features an open-concept living, dining, and kitchen area. The well-equipped kitchen offers a massive island, abundant cabinet space, ceramic tile flooring, and a dedicated work-from-home nook. Additional Income Potential The basement efficiency apartment presents a future value-add opportunity. While currently requiring city permitting before occupancy, it could provide an additional income stream. The basement also includes tenant storage areas and coin-operated laundry facilities. Fully furnished, centrally located, rich in character, and packed with income potential, this is a rare opportunity to acquire a turnkey multifamily asset in one of Pittsburgh's strongest rental corridors.
Presented ByIntegrity Plus Realty
General Information
Business Type Apartment Building
For Sale Building, Land, Other
Gross Annual Income 122075
Lot Size 0.1433
Taxes $15,100
Zoning 5unit
Exterior Features
Access City
Construction Brick
Parking 3
Utilities
Utilities Available Electricity, Gas, Sewer, Water

Map

Drive Time Estimator

Add locations to calculate your drive time to this property.

Mortgage Estimator

principal + interest
$0
$
price
% down
$
loan
%
years
+
taxes
$1,258
$
taxes/yr
+
insurance
$0
$
ins./yr
=
monthly cost
$0
Total Monthly Cost

For more details, use our mortgage comparison and amortization tool.

This is an estimate which can be affected by your lender's rates, PMI requirements and other factors. For the most accurate information, contact a mortgage representative.

Listing courtesy of ACHIEVE REALTY, INC.

Information Herein is Deemed Reliable but Not Guaranteed

Get In Touch About This Property
Presented ByIntegrity Plus Realty

I'd like to:

Email This Property

Fill out the form below to email this property to a friend!

Login
Register
Log In To Use This Feature

Log in to access your saved properties, easily request more information, get customized mortgage calculations and more! Or register a new account.

Register to Use This Feature

Creating an account allows you to save properties, easily request more information, get customized mortgage calculations and more!

Forgot Password

Enter your email address in the box below and click "Reset Password" to send an email with instructions to reset your password.