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Listed by KELLER WILLIAMS STEEL CITY
$ 475,000
Est. payment /mo
Active
5644 Beacon St Squirrel Hill, PA 15217
4,560 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1748330
Style Fourplex
HOA Y/N No
Year Built 1920
Annual Tax Amount $7,568
Lot Size 4,560 Sqft
Acres 0.1047
Property Sub-Type Quadruplex
Property Description
Prime investment opportunity in the heart of Squirrel Hill, just steps from a vibrant business district filled with cafés, restaurants, shops, bakeries, and everyday conveniences. Enjoy strong tenant demand driven by proximity to Schenley Park and quick access to major employment and education hubs including University of Pittsburgh, Carnegie Mellon University, and UPMC, as well as Bakery Square, Shadyside, and Lawrenceville.
This solid brick property is a legally permitted 4-unit building, offering immediate cash flow and significant upside potential. The layout includes two studio units, each with a private kitchen area and updated full bath, plus upper-level units that provide flexible configurations for increased rental income. The second floor features three bedrooms (one with an en-suite bath) , an updated hall bath and a kitchen—ideal for conversion into a high-demand multi-bedroom rental. The third floor offers an additional bedroom, updated full bath, and flexible space for a kitchen/living area, presenting further value-add opportunities.
Currently generating $4,000/month in rental income, this property offers the chance to increase returns through strategic updates and optimized unit configurations. A detached garage adds additional rental or storage value. With its unbeatable location, strong rental fundamentals, and clear value-add potential, this is a rare opportunity to secure a high-performing asset in one of Pittsburgh's most desirable neighborhoods.
This solid brick property is a legally permitted 4-unit building, offering immediate cash flow and significant upside potential. The layout includes two studio units, each with a private kitchen area and updated full bath, plus upper-level units that provide flexible configurations for increased rental income. The second floor features three bedrooms (one with an en-suite bath) , an updated hall bath and a kitchen—ideal for conversion into a high-demand multi-bedroom rental. The third floor offers an additional bedroom, updated full bath, and flexible space for a kitchen/living area, presenting further value-add opportunities.
Currently generating $4,000/month in rental income, this property offers the chance to increase returns through strategic updates and optimized unit configurations. A detached garage adds additional rental or storage value. With its unbeatable location, strong rental fundamentals, and clear value-add potential, this is a rare opportunity to secure a high-performing asset in one of Pittsburgh's most desirable neighborhoods.
Location
State PA
County Allegheny-east
Community Public Transportation
Area Squirrel Hill
Zoning R2-L
Rooms
Basement Full
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Parking Features Detached, Garage
Community Features Public Transportation
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Roof Type Asphalt
Total Parking Spaces 1
Garage Yes
Building
Architectural Style Fourplex
Structure Type Brick
Schools
School District Pittsburgh
