Pittsburgh Luxury Riverfront Home for sale in Fox Chapel School District
Pittsburgh Luxury Riverfront Home for sale in Fox Chapel School District
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Tag Archives: Pittsburgh Real Estate
2 bedroom Cape Cod for sale in Chalfant Boro, PA 15112
3 Bedroom Home for Sale in Lawrenceville, Pittsburgh
This sturdy brick home boasts new wall-to-wall hardwood flooring, an eat-in kitchen and plenty of space. If you’re shopping for a home in the cultural district of Lawrenceville Pittsburgh, look no further! For more homes for sale in Pittsburgh and the Lawrenceville neighborhood, visit our Pittsburgh Home Buyer page.
Brought to you by Keller Williams Realty Pittsburgh and The Dustin Nulf Team.
New Construction in Highland Park, Pittsburgh Home for Sale, $299,900
3 bedrooms, 2-and-a-half bathrooms, over 1600 square-feet of modern design. Wall-to-wall hardwood, carpet or bamboo… take your pick. Upgrades available. Customize the design. Professional architecture and construction in Hip Highland Park Pittsburgh. Get in now while it’s still affordable!
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Homes for Sale in Pittsburgh.
Keller Williams Realty
The Dustin Nulf Team
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Investment and Income Properties in and around Pittsburgh – Harrison Twp
Investment and Income Properties in and around Pittsburgh, PA (Natrona Heights, Harrison Township) – 2209 Freeport Road: This is a 12-unit Residential Apartment Complex located at 2209 Freeport Road, Harrison Township, PA, 15065. It is 100% occupied, well-maintained and a solid cash-flowing Pittsburgh Investment Property. With 25% down, you will see an annual Cash-on-Cash Return of OVER 60%!!! Turn $75,000 in to $500,000 in 15 years or less. Call me for more information on this property.
Keller Williams Realty
The Dustin Nulf Team
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Commercial Land Available in Lawrenceville (Pittsburgh), PA
4619 Butler Street, Pittsburgh, PA 15201
A Commercial Offering from The Dustin Nulf Team
(please click on links for more detailed information)
Acreage: Roughly 0.44 acres
Ask Price: $1,743,119
Location: Lawrenceville, a neighborhood within the City of Pittsburgh, Pennsylvania
Summary of Lawrenceville: Lawrenceville is an up-and-coming neighborhood within Pittsburgh’s City limits. Home of the recently revised UPMC Children’s Hospital (a sprawling 1,500,000sq/ft hospital employing over 3000 medical professionals), Lawrenceville has seen a recent shift in demographics and a massive upswing in Real Estate value with the added jobs and increased income and retail spending brought on by the completion of the Hospital.
Summary of Pittsburgh: The City of Pittsburgh has been labeled one of America’s best places to live numerous times in the last 5 years. With Pittsburgh’s median income almost having doubled since 2000 and an increase in average single-family home value of almost 14% in the last two years, it’s easy to see why Pittsburgh has been on the radars of residential and commercial investors worldwide.
4619 Butler Street – .44 Acre or Commercial Real Estate zoned LNC in Lawrenceville Pittsburgh Pennsylvania.
More Details on 4619 Butler Street, Pittsburgh, PA 15201
Zoning: These 4 parcels are Zoned LNC (Light Neighborhood Commercial) and have many potential uses.
Uses: These parcels are ideal for a number of potential uses including;
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Residential development: The recent “Doughboy Square” units sold PRESALE for between $325,000 and $400,000 each!
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Medical Facility: With Children’s Hospital right up the hill, this would be an ideal location for a neighborhood care facility or a competing medical care facility.
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Gas Station/Convenience Store: commuting to and from the city creates heavy traffic on Butler Street. With only 2 very small (and hardly clean) gas stations in Lawrenceville, this makes a great location for competing fuel and convenience store business.
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Drugstore: You can’t find a much better location than this! Check out the competing business list.
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Fast-food Restaurant: Your nearest competition is Wendy’s which is located on a perfect parcel on the corner of 40th and Butler and a (very small) Subway restaurant which seats only about 25 customers and occupies a tiny storefront on the corner near Wendy’s parking lot.
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Bank: There are only 2 competing banks located between 40th Street and 50th Street in Lawrenceville and neither one of them occupy the amount of space as this parcel of land. Great location for a competing bank or even a bank looking to expand!
Brought to you by:
Keller Williams Realty and The Dustin Nulf Team
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Pittsburgh’s Real Estate Market Performance as of the Halfway Mark of 2012
Pittsburgh’s Real Estate Market Performance as of the Halfway Mark of 2012-
Things are looking well for Residential Real Estate Sales in the City of Pittsburgh this year. Pittsburgh continues to outperform the nation’s averages with year-over-year numbers looking much like a repeat of 2011.
The average sale price of a single-family home in the City of Pittsburgh is up $10,009 or 6.67% compared to last year’s average sale price at this same time. The average Days on Market for Pittsburgh has decreased by 2 days over last year to exactly 100 days on market for the average home to sell. It is taking only a little over 3 months to sell a properly marketed home in Pittsburgh which is a phenomenal number. Pittsburgh is also on track to sell 1% more homes in 2012 than in 2011.
The Commercial and Investment Market in Pittsburgh however is a different ball game.
The average sale price of a multi-family investment or income property in the City of Pittsburgh has dropped by near 2%. However the number of income properties sold in 2012 is on track to be about 1% more than the number sold in 2011.
The average sale price of Commercial property in Allegheny County has dropped by $47,962 or 17.4%.* This seems to be the typical situation in most of the United States’ Commercial Real Estate Market however. COSTAR (one of the nation’s leading Commercial Real Estate sites) has reported that the average ask-price for Commercial Real Estate in America is up slightly over last year.
What can we get out of all of this?
IT’S A GREAT TIME TO BUY RESIDENTIAL INVESTMENT PROPERTIES IN PITTSBURGH!!! The value has never been better. The inventory is out there. And due to the fact that lenders are still being tough about loaning money to first-time home buyers, the rental market is only going to KEEP GROWING.
AND, if you’re looking to invest in Pittsburgh’s Commercial Real Estate Market, now may be better than later. With Pittsburgh’s Job Market looking stronger than the average, commercial real estate may rebound in Pittsburgh quicker than one may think!
*Commercial Real Estate numbers from the West-Penn Multilist
Brought to you by The Dustin Nulf Team and Keller Williams Realty Pittsburgh