Price per month Price Rent to
4 beds / 1.0 bath

1615 Meadville Street

Pittsburgh, PA 15214

Below is a snapshot of this listing from Jun 27, 2014.
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Updated 1 year, 5 months ago

Beds Baths Sq ft Price
4 beds 1.0 Ba 1,600 $50K

Price confirmed in real-time

This is a must see Single Family Rental on a quiet street in Fineview that boasts a view of the city that rivals Mt. Washington. The entire street is a revitalized area with multiple brand new homes built and more on the way, including the 2 homes right next door.

3 bedroom 1&1/2 bath just sold on Meadville St. on 5/31/13 for $100,000.

Short list of repairs could include:
1. New roof - $5-$5,500
2. Carpet (to get that new feel) $2k
3. Small section of siding where next door house was
removed. $500.

Total repairs = $8000 - THAT'S IT.
$8000 + asking price of $50,000 = $58,000 still provides a 12% ROI as shown below:

Total asking price plus repairs - $58,000
Annual rent - $10800
Annual utilities paid by owner - $600
Annual tax - $1243
Annual insurance - $800
Annual property management - $1080

Annual cash flow - $7077
Annual ROI% - 12.20%

Owner current takes care of the property management himself, but we can get you hooked up with a great and reliable company if you need. A ...(show more)

Property Amenities
  • Fenced Yard
  • Near Transportation
  • Yard
  • Stories: 3
  • Parking Spaces: 1
  • Parking Type: On Street
  • Heating system: Heat: forced air
  • Laundry: In Unit
Unit Amenities
  • Attic
  • Balcony, Deck, or Patio
  • Basement
  • Cable Ready
  • Dish Washer
  • Disposal
  • Double Pane Windows
  • Microwave
  • Porch
  • Range/Oven
  • Refrigerator
  • Wired

Rear deck|Huge finished attic

Students who live in this home at 1615 Meadville Street attend the following Pittsburgh School District (Unified School District) public schools*:
School Level School
Primary School King M L Elementary School
High School Oliver High School
Surrounding Area Stats
Type This listing is priced
Zip Code 63% less than 15212 Homes for Sale
Neighborhood 233% more than Fine View Homes for Sale
City 78% less than Homes for Sale in Pittsburgh
County 80% less than Allegheny County Homes for Sale
State 81% less than PA Homes for Sale
Primary School 58% less than Homes for Sale near King M L Elementary School
High School 58% less than Homes for Sale near Oliver High School
Unified School District 73% less than Homes for Sale near Pittsburgh School District
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