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Listed by KELLER WILLIAMS STEEL CITY

$ 475,000

Est. payment -/mo

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Active

5644 Beacon St Squirrel Hill, PA 15217

4,560 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1748330

Style Fourplex

HOA Y/N No

Year Built 1920

Annual Tax Amount $7,568

Lot Size 4,560 Sqft

Acres 0.1047

Property Sub-Type Quadruplex

Property Description

Prime investment opportunity in the heart of Squirrel Hill, just steps from a vibrant business district filled with cafés, restaurants, shops, bakeries, and everyday conveniences. Enjoy strong tenant demand driven by proximity to Schenley Park and quick access to major employment and education hubs including University of Pittsburgh, Carnegie Mellon University, and UPMC, as well as Bakery Square, Shadyside, and Lawrenceville.

This solid brick property is a legally permitted 4-unit building, offering immediate cash flow and significant upside potential. The layout includes two studio units, each with a private kitchen area and updated full bath, plus upper-level units that provide flexible configurations for increased rental income. The second floor features three bedrooms (one with an en-suite bath) , an updated hall bath and a kitchen—ideal for conversion into a high-demand multi-bedroom rental. The third floor offers an additional bedroom, updated full bath, and flexible space for a kitchen/living area, presenting further value-add opportunities.

Currently generating $4,000/month in rental income, this property offers the chance to increase returns through strategic updates and optimized unit configurations. A detached garage adds additional rental or storage value. With its unbeatable location, strong rental fundamentals, and clear value-add potential, this is a rare opportunity to secure a high-performing asset in one of Pittsburgh's most desirable neighborhoods.

Location

State PA

County Allegheny-east

Community Public Transportation

Area Squirrel Hill

Zoning R2-L

Rooms

Basement Full

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Parking Features Detached, Garage

Community Features Public Transportation

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

Roof Type Asphalt

Total Parking Spaces 1

Garage Yes

Building

Architectural Style Fourplex

Structure Type Brick

Schools

School District Pittsburgh

NEARBY SCHOOLS & PROPERTIES

Elias Pappan

Advisor | License ID: RS369406

+1(724) 513-2195

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