708 S Negley Avenue, Shadyside, PA 15232

Property Description

Prime Shadyside investment opportunity located between Walnut Street and Elsworth Avenue, the heart of Shadyside's walk-able neighborhood and vibrant shopping/dining districts as well as close to universities, hospitals and entertainment venues in the East End, Oakland and Downtown areas. Fully rented, the building masterfully blends old-world character—featuring ornate decorative mantels and historic fireplaces—with modern amenities that modern renters demand. Dual covered front and side porches offer classic curb appeal, while the rare, detached 4-car garage adds value and creates a natural boundary in the rear. This setup forms a private, usable backyard and green space—a premium commodity that heavily drives tenant retention in dense urban neighborhoods which keep vacancy rates near zero. One -2Bbedroom ($1,350); three - 1Bedroom ($1,350, $1,250, $1,180); one Studio ($960); one Efficiency ($750). All tenant gas and electric are separated and tenants pays in addition to rent. The detached garage features a full length storage area above. The garage spaces are currently included in 4 of the tenant lease but have been leased to commercial owners on Walnut Street in the past. This property is ideal for investors or entrepreneurs looking to secure a presence in one of Pittsburgh’s most well established neighborhoods.