3227 Hardie Way, Oakland, PA 15213

$973,000

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List Price
$973,000
Status
ACTIVE
MLS#
WESTPENN-1772977
Style
Fourplex
Acres
0.07
Lot Size
3,249
Region
Oakland

Property Description

High-Yield Oakland Fourplex, Freshly Renovated, Zero Deferred Maintenance, Steps from Pitt, CMU & UPMC Hospitals! A rare opportunity to acquire a fully renovated, cash-flowing fourplex in the heart of Oakland, Pittsburgh’s most consistently high-demand rental market. Located just steps from UPMC hospitals, University of Pittsburgh, Carnegie Mellon University, and multiple transit corridors, this property offers exceptional stability, appreciation potential, and long-term tenant demand. This well-maintained fourplex features four (legal) 2-bedroom units, each with a NEWLY UPDATED full bathroom and spacious living room and equipped kitchens. Each unit has autonomous forced-air heating and cooling, with furnaces and AC units replaced in 2023. The large dry basement provides additional storage. On-site laundry in basement area. Turnkey conditions, with all units thoughtfully cared for and move-in ready. MAJOR RENOVATIONS COMPLETED IN SUMMER OF 2026. Investors benefit from a building that has undergone significant capital improvements, reducing near-term maintenance costs and increasing long-term durability. Exterior Improvements include a new rubber flat roofing system with full roof decking replacement. Repointing of all four chimneys with new mortar. Installation of custom bent metal parapet flashing around the entire roof perimeter. Roof comes with a 10 year warranty until 2036. Window perimeters caulked for improved weatherproofing. Interior Apartment Renovations include the full installation of NEW LVP flooring throughout all 4 units (22-mil wear layer, lifetime warranty) Complete bathroom gut-renovations: new plumbing, shower, toilet, vanity, ceiling fan, flooring and accessories. Replacement and repair of multiple drywall sections. All air vents (floor and wall) newly replaced. Electrical outlets and switches tested and updated when faulty, with all covers replaced. All units freshly painted with a neutral color palette throughout. Stairwell and exterior unit doors freshly painted. The large unfinished basement offers a constructed 400 sq ft multi-use space, ideal for storage, office, or future rental enhancement. Ideal for long-term hold, 1031 exchange, or portfolio expansion. Low maintenance burden due to recent renovations and modern mechanicals.

Additional Information

Taxes
$3,204
Lot Dimensions
0.0746
Basement
Unfinished
School District
Pittsburgh
Parking Description
On Street

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Listing courtesy of HOWARD HANNA REAL ESTATE SERVICES.

INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. Listings courtesy of WEST PENN MULTILIST, INC.