3552 Melwood Ave Polish Hill, PA 15213
Listing Courtesy of: MLS LogoWest Penn MLS, Inc / Coldwell Banker Realty / Laun Silk

  3552 Melwood Ave Polish Hill, PA 15213

Active (7 Days)

Description

Calling all investors! Potential for High-return Duplex in Prime Location

3552 Melwood Ave is a fantastic opportunity for investors seeking strong returns in Pittsburgh’s thriving rental market. This duplex offers great value: Unit 1 (lower) is fully gutted to studs with new electrical wiring and plumbing rough-ins, ready for the next owner’s vision. Unit 2 is nearly complete, allowing for quick occupancy. Plus, tenants can enjoy stunning city views from the upper unit’s deck! A rental projection of both units as long-term rentals projects a strong 11% cap rate and meets the golden 1% rule, making this a prime cash-flowing asset once complete. Whether you’re looking to flip or hold for long-term gains, this property delivers. Close to universities, hospitals, and thriving employment centers, this duplex is positioned for high rental demand. Don’t miss this high-yield investment opportunity!

MLS #:
1699450
Taxes
$1,495
Lot Size
2,400 SQFT
Type
Multifamily
Year Built
1900
School District
Pittsburgh
County
Allegheny County

Listed By

Laun Silk, Coldwell Banker Realty
Source
West Penn MLS, Inc
Last checked May 9 2025 at 2:28 PM GMT+0000
Bathroom Details
Exterior Features
  • Roof: Asphalt
Parking
  • On Street
Location
   
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Disclaimer: Copyright 2025 West Penn MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 5/9/25 07:28