4316 Penn Ave, Pittsburgh, PA 15224 (MLS # 1764259)

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PRICE $575,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 2,000 sqft

Located directly across from UPMC Children's Hospital, this well-maintained, family-owned two-unit property combines strong income potential with flexible future use options for both investors or owner-occupants. The first floor commercial space offers exceptional versatility with five dedicated rooms and has previously operated successfully as a retail shop, tea room, and tailor. The layout includes a spacious front room with a half bath and two closets, along with additional flexible use spaces, ideal for office, studio, retail, or service-based businesses. A dedicated area with industrial sinks makes it especially attractive for food preparation or light culinary use. High ceilings enhance the space. Major mechanical updates include Central A/C replaced in Summer 2025 and furnace replaced in Winter 2021.The second-floor residential unit features a 2 bedroom, 1 bathroom apartment with a large private balcony. The kitchen was updated approximately 2 years ago and included refrigerator, stackable W/D, and gas stove. Central A/C was replaced approximately 3 years ago. The third floor has been utilized exclusively for storage, providing additional flexibility for future expansion. Basement has a dirt floor. Investors will appreciate the ability to lease immediately or reposition/upscale the property. Owner-occupant buyers will find a unique opportunity to live above their business in a prime location. Property has separate gas and electric meters and a single water meter. Parking isn't a problem with 2 car integral garage accessible via Woolslayer Way, or use easily accessible public transportation. This property sits at the center of one of the city's most dynamic growth corridors.

DAYS ON MARKET 1 LAST UPDATED 7/10/2026
YEAR BUILT 0 COMMUNITY Bloomfield
GARAGE SPACES 2.0 COUNTY Allegheny-East
STATUS Active PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AREA Bloomfield
BASEMENT Unfinished, Yes
CONSTRUCTION Brick
GARAGE Attached Garage, Yes
LOT 1999 sq ft
LOT DIMENSIONS 22x101x21x101
TAXES 4724
UTILITIES Electricity Available, Natural Gas Available, Sewer Available, Water Available
ZONING LNC
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