3 months on rocket

Backup Offers

2545 Penn Ave Unit 505, Downtown Pgh, PA, 15222

$425,000

Home List Price

$5,047*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
992 SqFt
$428/SqFt
Condo

Location

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2545 Penn Ave Unit 505, Pittsburgh$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached, Garage
Attached GarageYes
Year Built2020
HeatingElectric, Forced Air
CoolingCentral Air
MLS #1670583
Lot Size0.00 Acres
StatusAccepting Backup Offers
(Contingent)

About 2545 Penn Ave Unit 505

An ideal perch in the Strip District. Welcome to Unit 505 in the Refinery. This open contemporary condo offers soaring high ceilings and expansive casement windows that flood the space with natural light and provide breathtaking southeastern city views from the fifth floor. The large open kitchen is a rare feature in the city. The spacious island kitchen is perfect for meal prep and entertaining. The primary ensuite bathroom features a double sink, a luxurious soaking tub, and beautiful ceramic finishes. Enjoy in-unit laundry and plenty of closet space. The unit features a large, deeded garage parking space, big enough for an SUV. Elevator access to unit. Additionally, you have use of one of the city's best rooftop decks, with a large media/event room, gym, grills and outdoor lounge furniture - all with a striking view of the Pittsburgh skyline. City and School District Tax abatement still in effect for 5+ years.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, High Rise
  • Year Built: 2020
  • Living Area: 992 SqFt

Listing Office:

  • Office Name: Compass Pennsylvania, Llc
  • Office Phone: (412) 307-7394
  • Listing Agent: Zach Restelli

Interior Features

Interior Information:

  • Appliances: Other, Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
  • Basement: No
  • Interior: Kitchen Island

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Assigned, Attached, Garage

Virtual/3D Tour

  • 3D Tour: 2545 Penn Ave Unit 505
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Lot Features

Lot Information:

  • Lot Size: 0.00 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $428/SqFt

HOA Fees:

  • Amount: $380
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Pittsburgh, PA.

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Pittsburgh, PA

City

Med. Sold Price

$249.6K

Med. Price/SqFt

$172

Avg. Days On Market

41

# of Sold Homes

453

2545 Penn Ave Unit 505 vs Pittsburgh

108 DAYS ON ROCKET

+67 Days

$425,000

+$175.3K More

$428/SqFt

+$255 More

KEY TAKEAWAY

This property is $175.3K more than the Median Sold Price and $255/SqFt more than other homes in Pittsburgh, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: WESTPENN
  • MLS Number: #1670583

Listing Office:

  • Office Name: Compass Pennsylvania, Llc
  • Office Phone: (412) 307-7394
  • Listing Agent: Zach Restelli

IDX The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Copyright © 2024 West Penn Multi-List, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,569

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1143429
4
/10

  • Pittsburgh Miller

  • 2055 Bedford Ave

  • 0.53 miles

  • Public District Grades EE-5

school-card-donut-1143430
5
/10

  • Pittsburgh Weil

  • 2250 Centre Ave

  • 0.76 miles

  • Public District Grades EE-5

school-card-donut-1143431
4
/10

  • Pittsburgh Spring Hill

  • 1351 Damas St

  • 0.91 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,940. Most Pittsburgh, PA residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2545 Penn Ave Unit 505

What is the listing price of this property?

The listing price of 2545 Penn Ave Unit 505 property is $425,000.

What type of property is this?

The property 2545 Penn Ave Unit 505 is a condo located in Downtown Pgh, Pennsylvania, 15222.

Is this property for sale now?

Accepting Backup Offers: 2545 Penn Ave Unit 505 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 2545 Penn Ave Unit 505 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 2545 Penn Ave Unit 505 is 992 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2545 Penn Ave Unit 505 is 2020.

Rocket Homes›Pennsylvania›Allegheny County›Pittsburgh›15222›2545 Penn Ave Unit 505

This home is located at 2545 Penn Ave Unit 505 in Downtown Pgh, PA and zip code 15222 in the Strip District neighborhood. This 992 square foot home, which was built in 2020, sits on a 0.00 acre lot. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $425,000.

Over 119 listings were sold over their listed price in November 2024 in Pittsburgh, PA. In the same period over 253 listings were sold below the listed price and 81 listings were sold for the listed price. The number of homes for sale in Pittsburgh, PA decreased by 1.6% between October 2024 and November 2024. Listings spent 41 days on the market in November 2024, and had a median list price of $249,647 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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