Carnegie, PA 15106 500-502 Cubbage St

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Presented By: RE/MAX SELECT REALTY
  • MLS# 1690588
  • 03/05/2025
  • Request Tour
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  • Beds • 6
  • Baths • 4
  • Garage • 2

Home Details

A tremendously lucrative opportunity for seasoned or new investors, this large 4-unit building in Carnegie is a cash cow in a sought-after location! Offering two 2-bedroom units & two 1-bedroom units, along with both offstreet parking & a 1-car garage for extra income or owner storage, this building has been mechanically updated with roof, A/Cs, & furnaces all just 3 years old. Some of the many cosmetic updates in several of the units include newer laminate flooring, newer windows, fresh paint. Backyard for tenants' enjoyment! Tenants pay own utilities except water/sewer, keeping your expenses low. 3 of 4 units are currently occupied, leaving open the opportunity for either owner-occupancy or value-add updates to increase cash flow. Moments from main thoroughfare I-376, 1 minute to Seventh Ave. Park & playground, 1 minute to shops & restaurants in Carnegie's lively business district! Look no further for your newest acquisition; this multi-unit is perfect for expanding your portfolio.
Presented By: RE/MAX SELECT REALTY

Interior Features for 500-502 Cubbage St

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo

General for 500-502 Cubbage St

Additional Parcels Y/NNo
Architectural StyleFourplex
Attached Garage No
Carport Y/NNo
CityCarnegie
Community FeaturesPublicTransportation
Construction MaterialsFrame
CountyAllegheny-West
DirectionsI-376 to Carnegie exit to R on Cubbage, or W. Main St to Cubbage. For showings you can park in the large space to the right of the house.
Elementary School DistrictCarlynton
Garage Y/NYes
Gross Income43500.0
HOANo
High School DistrictCarlynton
Home Warranty Y/NNo
Insurance Expense1300.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size UnitsAcres
MLS AreaCarnegie
MLS Area MinorCarnegie
Maintenance Expense1000.0
Middle/Junior School DistrictCarlynton
MobileHomeRemainsYNNo
ModificationTimestamp2025-05-12T13:52:20.580-00:00
Net Operating Income32171.0
New ConstructionNo
Number Of Units Total4
Occupancy TypeTenant
PostalCityCarnegie
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActiveUnderContract
StatusContingent
Tax Annual Amount4229.0
Tax Assessed Value108500
UtilitiesElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable
Year Built1920
Zoningunkno
Zoning Descriptionunkno

Exterior for 500-502 Cubbage St

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions110x50 m/l
Lot Size Acres0.1263
Lot Size Area0.1263
Parking FeaturesDetached, Garage, OffStreet
SpaNo
Total Parking2.0
Waterfront Y/NNo

Additional Details

Price History

Kevin Obendorfer

Realtor / Brokerage Growth & Sales Director
Price $299,999
MLS#1690588
List Date 03/05/2025
Property Type Contingent
Phone 412.403.2983
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Request Info
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