167-175 48Th StPittsburgh, PA 15201

For Sale
$1,200,000

Prime Lawrenceville farm land, three parcels.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 1.2 million dollar investment opportunity presents a unique chance to develop a city block in the thriving Lawrenceville neighborhood of Pittsburgh, Pennsylvania. The property, located at 167-175 48th Street and 4807 Blackberry Way, encompasses three parcels of land, totaling a significant area. Originally comprised of six houses, the property currently features three existing dwellings. This presents a flexible development scenario, allowing for either renovation and repurposing of the existing structures or complete redevelopment to suit a variety of uses, subject to the R zoning designation. The location is highly desirable, offering unparalleled walkability to Lawrenceville's vibrant restaurants, shops, and parks. Furthermore, its proximity to public transportation and downtown Pittsburgh enhances its appeal and accessibility. The sale includes the transfer of all three parcels, providing a substantial land holding in a rapidly appreciating area. This is a rare opportunity to acquire a large, contiguous land parcel in a prime location with significant development potential. The property's address is 167-175 48th Street and 4807 Blackberry Way, Pittsburgh, PA 15201.

Highlights

  • $1.2M development opportunity in Pittsburgh's Lawrenceville neighborhood.
  • Three contiguous parcels totaling a significant land area at 167-175 48th Street & 4807 Blackberry Way, Pittsburgh, PA 15201.
  • Currently features three existing dwellings, allowing for renovation or redevelopment.
  • R-zoned, offering flexible development options.
  • Prime location with excellent walkability to amenities and public transportation.

Location Insight

City
Pittsburgh
County
Allegheny
State
Pennsylvania
Latitude
40.4766524
Longitude
-79.9586684
167-175 48Th St, Pittsburgh, Pennsylvania

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167-175 48Th St
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