Property Description:
Off-market opportunity in highly desirable Highland Park! This extensively renovated duplex features two spacious 2-bedroom, 1-bath units and offers investors a turnkey property with minimal deferred maintenance. Current/market rents total $3,050/month, with the first-floor unit offered at $1,600/month and the second-floor unit occupied by an excellent tenant paying $1,450/month.
Major renovations completed from 2024–2026 include a new roof, two HVAC systems with central air, approximately 90% new windows, completely renovated kitchens and baths, quartz countertops, stainless steel appliances, LVP flooring, fresh interior and exterior paint, and shared basement laundry. Each unit has separately metered gas and electric. Two hot water tanks were replaced in 2019 and 2020.
Outdoor amenities include a new backyard patio plus a private rear deck for the first-floor unit.
Excellent location convenient to Bakery Square, Highland Park, Pittsburgh Zoo, Target, Home Depot, Giant Eagle, Carnegie Mellon University, University of Pittsburgh, UPMC Children's Hospital, UPMC Shadyside and West Penn Hospital.
Asking $400,000. A strong opportunity to acquire a renovated, income-producing duplex in an established Pittsburgh rental market.
Click here for pictures: First unit zillow.com/homedetails/5421-Wellesley-Ave-APT-1-Pittsburgh-PA-15206/418426085_zpid/?utm_campaign=zillowwebmessage&utm_medium=referral&utm_source=txtshare
Second unit zillow.com/homedetails/5421-Wellesley-Ave-APT-2-Pittsburgh-PA-15206/419497210_zpid/?utm_campaign=zillowwebmessage&utm_medium=referral&utm_source=txtshare