1 /
41
Map
$425,000
●
Condo -
In Contract
2545 Penn Ave #505
Downtown Pgh, PA 15222
1 Bed
2 Baths,
1
Half Bath
$2,729
Est. Monthly
$380
HOA / Fees
1.15%
Cap Rate
About This Property
An ideal perch in the Strip District. Welcome to Unit 505 in the
Refinery. This open contemporary condo offers soaring high ceilings
and expansive casement windows that flood the space with natural
light and provide breathtaking southeastern city views from the
fifth floor. The large open kitchen is a rare feature in the city.
The spacious island kitchen is perfect for meal prep and
entertaining. The primary ensuite bathroom features a double sink,
a luxurious soaking tub, and beautiful ceramic finishes. Enjoy
in-unit laundry and plenty of closet space. The unit features a
large, deeded garage parking space, big enough for an SUV. Elevator
access to unit. Additionally, you have use of one of the city's
best rooftop decks, with a large media/event room, gym, grills and
outdoor lounge furniture - all with a striking view of the
Pittsburgh skyline. City and School District Tax abatement still in
effect for 5+ years.
Unit Size
-
Days on Market
-
Land Size
0.00 acres
Price per sqft
-
Property Type
Condo
Property Taxes
$261
HOA Dues
$380
Year Built
-
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Last updated: 8 days ago (WPMLS #1670583)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 4, 2024 | In contract | - | |
| In contract | |||
| Oct 25, 2024 | Price Decreased |
$425,000
↓ $9K
(2.1%) | |
| Price Decreased | |||
| Oct 1, 2024 | Price Decreased |
$434,000
↓ $15K
(3.3%) | |
| Price Decreased | |||
| Sep 5, 2024 | Listed by COMPASS PENNSYLVANIA, LLC | $449,000 | |
| Listed by COMPASS PENNSYLVANIA, LLC | |||
| Feb 17, 2021 | Sold to Brendan Christophe Helt | $391,400 | |
| Sold to Brendan Christophe Helt | |||
Show More
Property Highlights
Parking Available
Garage
Elevator
Air Conditioning
Parking Details
Has Garage
Parking Features: Assigned, Attached, Garage
Total Garage and Parking Spaces: 1
Interior Details
Bedrooms: 1
Full Bathrooms: 1
Half Bathrooms: 1
Interior Features: Kitchen Island
Appliances: Some Electric Appliances, Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
Rooms: 6
Exterior Details
Property Condition: Resale
Year Built: 2020
Window Features: Multi Pane
Construction Materials: Concrete, Steel
Pool Features: None
Lot Size Dimensions: 0.0028
Lot Size Acres: 0.0028
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $355,400
Tax Annual Amount: $3,136
Utilities Details
Cooling Type: Central Air
Heating Type: Electric, Forced Air
Location Details
Association Fee: $380
Association Fee Frequency: Monthly
2545 Penn Ave #505, Downtown Pgh, PA, 15222
By submitting your information, you agree RealtyHop can share your information with its network of real estate & mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology) from Movoto or their affiliates to the email address or number you provided. By proceeding, you agree to our Terms of Service.
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
1
Bed
1
Bath
-
$365,000
Jun 26, 2024
$365,000
Sep 10, 2024
$596/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
10/28/2024
|
2 Bed
|
3 Bath
|
-
|
$690,000
2 Bed
3 Bath
|
-
-
|
-
|
Laura Kingsbury
COMPASS PENNSYLVANIA, LLC
| |
|
10/27/2023
|
1 Bed
|
2 Bath
|
-
|
$349,900
1 Bed
2 Bath
|
$334,000
-4.54%
02/27/2024
|
-
|
Austin Rusert
COLDWELL BANKER REALTY
| |
|
10/22/2023
|
2 Bed
|
3 Bath
|
-
|
$625,000
2 Bed
3 Bath
|
$590,000
-5.60%
02/29/2024
|
-
|
Jeannine Mullen
HOWARD HANNA REAL ESTATE SERVICES
| |
|
09/20/2023
|
2 Bed
|
2 Bath
|
-
|
$669,000
2 Bed
2 Bath
|
$650,000
-2.84%
12/01/2023
|
-
|
Kathleen Mathison
HOWARD HANNA REAL ESTATE SERVICES
| |
|
09/17/2023
|
2 Bed
|
3 Bath
|
-
|
$1,525,000
2 Bed
3 Bath
|
-
-
|
-
|
Darla Jobkar
BERKSHIRE HATHAWAY THE PREFERRED REALTY
| |
|
08/25/2023
|
2 Bed
|
3 Bath
|
-
|
$560,000
2 Bed
3 Bath
|
-
-
|
-
|
Christina Talotta
RE/MAX SELECT REALTY
| |
|
03/10/2023
|
Loft
|
3 Bath
|
-
|
$680,000
Loft
3 Bath
|
$650,000
-4.41%
07/26/2023
|
Karen Marshall
Keller Williams Realty
| ||
|
03/09/2023
|
2 Bed
|
3 Bath
|
-
|
$615,000
2 Bed
3 Bath
|
$590,000
-4.07%
08/18/2023
|
-
|
Jeremy Pronto
REALTY CONNECT LLC
| |
|
02/23/2023
|
Loft
|
3 Bath
|
-
|
$599,000
Loft
3 Bath
|
$575,000
-4.01%
07/06/2023
|
Darla Jobkar
BERKSHIRE HATHAWAY THE PREFERRED REALTY
| ||
|
06/19/2022
|
1 Bed
|
2 Bath
|
-
|
$449,000
1 Bed
2 Bath
|
-
-
|
-
|
Austin Rusert
COLDWELL BANKER REALTY
| |
|
08/03/2021
|
2 Bed
|
3 Bath
|
-
|
$689,000
2 Bed
3 Bath
|
-
-
|
-
|
Karen Marshall
Keller Williams Realty
| |
|
03/21/2021
|
2 Bed
|
3 Bath
|
-
|
$685,000
2 Bed
3 Bath
|
-
-
|
-
|
-
| |
|
09/06/2020
|
2 Bed
|
3 Bath
|
-
|
$690,000
2 Bed
3 Bath
|
-
-
|
-
|
-
| |
|
08/03/2020
|
2 Bed
|
3 Bath
|
-
|
$699,000
2 Bed
3 Bath
|
-
-
|
-
|
Karen Marshall
Keller Williams Realty
| |
|
07/23/2020
|
1 Bed
|
1 Bath
|
-
|
$299,000
1 Bed
1 Bath
|
$300,000
+0.33%
10/28/2020
|
Kathy Wallace
| ||
|
06/10/2020
|
2 Bed
|
2 Bath
|
-
|
$590,000
2 Bed
2 Bath
|
-
-
|
-
|
-
| |
|
04/01/2020
|
1 Bed
|
2 Bath
|
-
|
$405,000
1 Bed
2 Bath
|
$365,000
-9.88%
07/28/2020
|
Kathy Wallace
| ||
|
02/22/2020
|
2 Bed
|
3 Bath
|
-
|
$1,275,000
2 Bed
3 Bath
|
-
-
|
-
|
-
| |
|
02/22/2020
|
2 Bed
|
3 Bath
|
-
|
$546,600
2 Bed
3 Bath
|
$535,000
-2.12%
11/19/2020
|
Kathy Wallace
| ||
|
06/25/2019
|
2 Bed
|
3 Bath
|
-
|
$560,000
2 Bed
3 Bath
|
-
-
|
-
|
-
| |
|
04/03/2019
|
1 Bed
|
2 Bath
|
-
|
$420,000
1 Bed
2 Bath
|
$430,550
+2.51%
03/31/2020
|
Kathy Wallace
| ||
|
04/03/2019
|
1 Bed
|
2 Bath
|
-
|
$540,000
1 Bed
2 Bath
|
-
-
|
-
|
-
| |
|
04/03/2019
|
2 Bed
|
2 Bath
|
-
|
$499,000
2 Bed
2 Bath
|
-
-
|
-
|
-
| |
|
03/14/2019
|
1 Bed
|
2 Bath
|
-
|
$329,000
1 Bed
2 Bath
|
-
-
|
-
|
-
| |
|
03/14/2019
|
2 Bed
|
3 Bath
|
-
|
$513,100
2 Bed
3 Bath
|
-
-
|
-
|
-
| |
|
02/21/2019
|
2 Bed
|
3 Bath
|
-
|
$1,180,000
2 Bed
3 Bath
|
-
-
|
-
|
-
| |
|
02/21/2019
|
2 Bed
|
3 Bath
|
-
|
$618,000
2 Bed
3 Bath
|
$602,000
-2.59%
01/31/2020
|
Kathy Wallace
| ||
|
02/21/2019
|
2 Bed
|
3 Bath
|
-
|
$502,000
2 Bed
3 Bath
|
-
-
|
-
|
-
| |
|
02/21/2019
|
2 Bed
|
3 Bath
|
-
|
$578,000
2 Bed
3 Bath
|
$389,000
-32.70%
01/21/2020
|
Kathy Wallace
| ||
|
02/21/2019
|
2 Bed
|
3 Bath
|
-
|
$1,255,000
2 Bed
3 Bath
|
-
-
|
-
|
-
| |
|
02/21/2019
|
2 Bed
|
3 Bath
|
-
|
$526,600
2 Bed
3 Bath
|
-
-
|
-
|
-
| |
|
06/12/2018
| |
1 Bed
|
2 Bath
|
-
|
-
1 Bed
2 Bath
|
-
-
|
-
|
-
|
|
06/12/2018
|
2 Bed
|
3 Bath
|
-
|
-
2 Bed
3 Bath
|
-
-
|
-
|
-
| |
|
06/12/2018
|
2 Bed
|
3 Bath
|
-
|
-
2 Bed
3 Bath
|
-
-
|
-
|
-
| |
|
06/12/2018
|
2 Bed
|
3 Bath
|
-
|
-
2 Bed
3 Bath
|
-
-
|
-
|
-
| |
|
06/12/2018
|
1 Bed
|
2 Bath
|
-
|
-
1 Bed
2 Bath
|
-
-
|
-
|
-
| |
|
06/12/2018
|
2 Bed
|
3 Bath
|
-
|
-
2 Bed
3 Bath
|
-
-
|
-
|
-
| |
|
06/12/2018
|
2 Bed
|
3 Bath
|
-
|
-
2 Bed
3 Bath
|
-
-
|
-
|
-
| |
|
02/23/2018
|
2 Bed
|
3 Bath
|
-
|
$1,055,000
2 Bed
3 Bath
|
-
-
|
-
|
-
| |
|
02/23/2018
|
2 Bed
|
3 Bath
|
-
|
-
2 Bed
3 Bath
|
-
-
|
-
|
-
| |
|
02/23/2018
|
2 Bed
|
3 Bath
|
-
|
$600,000
2 Bed
3 Bath
|
-
-
|
-
|
-
| |
|
02/23/2018
|
1 Bed
|
2 Bath
|
-
|
$377,000
1 Bed
2 Bath
|
-
-
|
-
|
-
| |
|
02/23/2018
|
2 Bed
|
3 Bath
|
-
|
$502,000
2 Bed
3 Bath
|
-
-
|
-
|
-
| |
|
02/23/2018
|
2 Bed
|
3 Bath
|
-
|
$563,000
2 Bed
3 Bath
|
-
-
|
-
|
-
| |
|
02/23/2018
|
2 Bed
|
3 Bath
|
-
|
$526,600
2 Bed
3 Bath
|
-
-
|
-
|
-
| |
|
02/23/2018
|
2 Bed
|
3 Bath
|
-
|
$618,000
2 Bed
3 Bath
|
-
-
|
-
|
-
| |
|
02/23/2018
|
2 Bed
|
3 Bath
|
-
|
$1,180,000
2 Bed
3 Bath
|
-
-
|
-
|
-
| |
|
02/23/2018
|
2 Bed
|
3 Bath
|
-
|
$1,255,000
2 Bed
3 Bath
|
-
-
|
-
|
-
| |
|
02/23/2018
|
2 Bed
|
3 Bath
|
-
|
$499,000
2 Bed
3 Bath
|
-
-
|
-
|
-
| |
|
07/30/2017
| |
2 Bed
|
3 Bath
|
-
|
$1,875,000
2 Bed
3 Bath
|
$400,000
-78.67%
12/15/2017
|
Kathy Wallace
|
Building Info
About East End
Similar Homes for Sale
Nearby Rentals
Listed by: Zach Restelli
COMPASS PENNSYLVANIA, LLC
Last Updated: 8 days ago
Data Source: WPMLS , MLS# 1670583
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
COMPASS PENNSYLVANIA, LLC
Last Updated: 8 days ago
Data Source: WPMLS , MLS# 1670583
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703