For Sale

Listed by Taylor Koch from Keller Williams Realty

Source: West Penn Multi List, Inc. #1767724

3354 Ridgway Street, Pittsburgh, PA, 15213

$400,000

4
5
0.04 ac.

SingleFam

30+ days on the market

What's around 3354 Ridgway Street

About this property

TURNKEY INVESTMENT OPPORTUNITY | 4 PRIVATE SUITES | FURNISHED RENTAL INCOME | POLISH HILL Investors, take notice! This extensively renovated Polish Hill property offers a rare opportunity to acquire a flexible, income-producing home designed around a rent-by-the-bedroom strategy with the added benefit of being fully furnished and already positioned for rental income. The current owner has begun leasing the property by the room, with projected monthly rents of: • First-Floor Private Suite — $1,100/month • Second-Floor Rear Suite — $1,200/month • Second-Floor Front Suite — $1,300/month • Third-Floor Private Suite — $2,000/month PROJECTED RENTAL INCOME $5,600/month in gross rental income $67,200/year in gross rental income Less approximately $1,000/year in property taxes $66,200/year after property taxes, before other operating expenses This unique layout provides four bedrooms, each with its own private en-suite bathroom, allowing an investor to create multiple individual income streams from one property while reducing the risk of relying on a single tenant for the entire home's rental income. The property has been thoughtfully renovated from top to bottom, including a new roof installed in 2025 and new plumbing, electrical, and HVAC systems installed in 2026. The combination of modern infrastructure, private bedroom suites, and furnished spaces creates an attractive setup for investors seeking a more turnkey rental property. The main floor features a spacious living room with room for comfortable seating and a dining area, a convenient half bathroom, first-floor laundry, and an impressive 90-inch kitchen island with seating for 3–4, complemented by a KitchenAid gas range. The first floor also includes a private bedroom suite with its own en-suite bathroom and private entrance, offering exceptional flexibility for a tenant, guest, or additional rental opportunity. The second floor features two private bedroom suites, while the third floor functions as its own private retreat, complete with a bedroom suite, living area, bar/kitchen, laundry, and spa-inspired bathroom featuring a rain shower and soaking tub. Step outside to the elevated front porch and enjoy your morning coffee with city and river views and a peaceful tree-lined backdrop. LOCATION IS EVERYTHING Situated in Polish Hill, this property is approximately 5 minutes from Lawrenceville, the Strip District, Downtown Pittsburgh, the University of Pittsburgh, and UPMC, providing convenient access to major employment centers, universities, restaurants, nightlife, entertainment, and some of Pittsburgh's most desirable neighborhoods. WHY INVESTORS SHOULD TAKE NOTICE Four private bedroom suites Potential rent-by-the-bedroom strategy Fully furnished rental setup Current projected gross income of $67,200/year Multiple income streams under one roof New roof — 2025 New plumbing — 2026 New electrical — 2026 New HVAC — 2026 Private entrance to first-floor suite Multiple laundry areas High-end kitchen and spa-inspired bathrooms Minutes from Downtown, UPMC, Pitt, Lawrenceville & Strip District Whether you're a Pittsburgh investor looking to expand your portfolio or an out-of-state investor searching for a property with an established rental strategy, this is an opportunity worth putting on your investment spreadsheet. The numbers, layout, location, and renovation create a compelling combination for investors looking for income and flexibility in the Pittsburgh market. Rental figures are based on current/projected rents provided by the seller and should be independently verified by the buyer. Rental strategy and occupancy are subject to applicable City of Pittsburgh regulations, licensing requirements, and market conditions.

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