Under Contract

Listed by Megan Stevenson from REMAX Select Realty | Pittsburgh

Source: West Penn Multi List, Inc. #1753332

1229 Peermont Avenue, Dormont, PA, 15216

$249,900

1
0.08 ac.

Duplex

30+ days on the market

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About this property

What’s every investor looking for? A PRIME LOCATION with strong rental demand, long-term appreciation potential, and the flexibility to create value. This solid brick duplex in Dormont offers exactly that. With both units becoming vacant, the next owner has the opportunity to immediately set rental strategy, select tenants, make COSMETIC improvements, or owner-occupy one unit while generating income from the other. Located on a desirable street just one block from the T station and bus line for quick access to Downtown Pittsburgh, within walking distance to popular Mt. Lebanon shops, restaurants, and nightlife, this location continues to attract strong tenant demand and consistent rental interest. Both spacious and bright 1-bedroom units offer excellent layout and rental appeal. The upper unit features an updated kitchen with dishwasher, abundant natural light, and generous storage. The lower unit includes newly refinished hardwood floors, a charming retro kitchen with direct access to the flat, private backyard, plus garage use for additional convenience and value. The property also offers excellent curb appeal with a classic brick exterior, off-street parking, and a new retaining wall that adds long-term stability and peace of mind. Shared basement includes washer/dryer hookups, storage space, and utility sink, with potential to add coin-operated laundry for additional income. Hot water tank replaced in 2022. A well-located, turn-key duplex package with upside like this rarely hits the market.

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