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314-316 Merrimac St, Mt Washington, PA, 15211

$349,900

Home List Price

$4,155*

Closing Credit

0 Baths
Multi

Location

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314-316 Merrimac St, Pittsburgh$349,900

Buyer Closing Credits

$4,155*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built1920
MLS #1680501
Lot Size0.14 Acres
StatusActive

About 314-316 Merrimac St

Triplex in Mt. Washington with strong income producing potential. The building consists of two 2 bedroom units, and one 1 bedroom unit. Two units are currently occupied & 1 unit is vacant, making this a great opportunity for both investors and owner-occupants alike. The property offers backyard space, & covered patio/porch space for each unit, & additional Storage Room for management equipment or tenants. Gas & Electric are separate & paid by tenants, Landlord pays Water & Sewer. Each unit is equipped with its own Furnace and Water Heater. The property has a favorable history of low tenant turnover rates & short vacancy periods, making it a reliable source of income. Located in a strong rental market, off of a main road through Mt. Washington, providing easy access to local amenities, & main roadways (Rte 51). This opportunity offers appreciation from a desirable neighborhood & consistent income production from a strong rental market.

Property Details

Property Features

Property Information:

  • Year Built: 1920

Listing Office:

  • Office Name: Exp Realty Llc
  • Office Phone: (888) 397-7352
  • Listing Agent: Michael Vieira

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,900
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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

$247.4K

Med. Price/SqFt

$171

Avg. Days On Market

39

# of Sold Homes

491

314-316 Merrimac St vs Pittsburgh

1 DAY ON ROCKET

-38 Days

$349,900

+$102.4K More

KEY TAKEAWAY

This property is $102.4K more than the Median Sold Price in Pittsburgh, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: WESTPENN
  • MLS Number: #1680501

Listing Office:

  • Office Name: Exp Realty Llc
  • Office Phone: (888) 397-7352
  • Listing Agent: Michael Vieira

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: 11/21/2024, 3:20:50 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

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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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-166156
6
/10

  • Pittsburgh Whittier

  • 150 Meridan St

  • 0.45 miles

  • Public District Grades KG-5

school-card-donut-166157
6
/10

  • Pittsburgh Beechwood

  • 810 Rockland Ave

  • 1.16 miles

  • Public District Grades EE-5

school-card-donut-166158
6
/10

  • Pittsburgh Grandview

  • 845 McLain St

  • 1.21 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 $45,962. Typical income of Pittsburgh, PA residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Allegheny County›Pittsburgh›15211›314-316 Merrimac St

This home is located at 314-316 Merrimac St in Mt Washington, PA and zip code 15211 in the Mount Washington neighborhood. This home, which was built in 1920, sits on a 0.14 acre lot. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $349,900.

In October 2024, from all listings sold in Pittsburgh, PA there were more than 128 sold above asking price, over 285 sold below and more than 78 were sold right at the asked price. In October 2024 in Pittsburgh, PA there were 10.5% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $247,446, while the average time on the real estate market was 39 days.

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

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