Expand your investment portfolio with this well-maintained Verona triplex generating gross rent of $42,000 annually. A new roof in 2024 adds value, while thoughtful unit improvements support the property’s rental appeal. Unit 2 received new carpet, fresh paint, and a bathroom remodel in October 2022. The rear third unit features a two-story layout with LVT flooring. A large, flat backyard provides usable outdoor space, and the expansive driveway and parking area offer ample off-street parking - a valuable amenity for a three-unit property. With established rental income, recent improvements, and units in good condition, 1426 Homestead presents a compelling opportunity for investors seeking an income-producing addition to their portfolio.
Penn Hills, located between Wilkinsburg and Plum, is a residential and hillside Pittsburgh neighborhood with wooded ravines and a patchwork of mid-century streets. The neighborhood’s character concentrates around the William Penn Highway corridor near Rodi Road, where diners, barbershops, and long-running local storefronts line the drive. Housing leans toward brick ranches, split-levels, and postwar colonials set on deep lots with mature trees. Penn Hills Shopping Center and the Penn Hills Library anchor daily errands and community programming. Green space threads through places like Blackridge Park and nearby trails, giving the area a quiet, outdoors-forward rhythm.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Unfinished basement
Bedrooms
Three units: one 3-bedroom unit and two 1-bedroom units
Bathrooms
One full bathroom in each unit
Parking
Off-street parking
Construction
Frame construction
Asphalt roof
Utilities
Electricity, natural gas, sewer, and water available
Financial info
Three units total
Gross income: $42,000
Unit rents: $1,499, $850, and $1,151
Electricity and solar
View estimated energy costs and solar savings for this home
Single-Family Residential Districts are composed of certain quiet, lowdensity residential areas of the Municipality, and vacant lands where single-family residential development is encouraged. The regulations for these districts are designed to stabilize and protect the essential characteristics of these districts; to protect the amenities of certain areas where a singlefamily residential pattern has already been established; to promote a suitable environment conducive to family life; and to prohibit those commercial activities not explicitly approved. To these ends, development is limited to those uses expressly permitted and certain bulk and area regulations are established.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 96° expected this year, 17 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Verona, PA • 15147
Average low and high temperatures (°F)
32
17
40
23
60
37
68
46
71
51
83
62
87
67
83
60
80
55
66
44
53
36
42
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Verona. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1426 Homestead Rd
$320,421
$421 over list price of $320K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $245K to $290K.