Investment Opportunity in Braddock, PA: Renovation Property with Adjacent Vacant Lot
Located at 712.5 Penn Street North in Braddock, Pennsylvania (15104), this two-bedroom, one-bathroom home presents a compelling opportunity for investors, renovators, or buyers seeking an affordable entry point into real estate ownership.
Priced at $9,000, the property is being sold as-is and includes not only the home itself but also an adjacent vacant lot, adding additional value and future potential.
Built in 1915, the home reflects the early 20th-century architectural style common throughout Braddock, a historic borough in Allegheny County.
With approximately 850 square feet of interior living space, the property is modest in size yet offers a functional layout that can be reimagined through renovation. While the house will require a full renovation to pass an occupancy inspection, its low purchase price makes it an attractive candidate for rehabilitation.
Property Overview
Address: 712.5 Penn St N, Braddock, PA 15104
Price: $9,000
Bedrooms: 2
Bathrooms: 1 (full bath)
Square Footage: 850 sq ft
Year Built: 1915
Sale Type: As-is
Additional Feature: Adjacent vacant lot included
The home features a covered front porch, a classic element that adds curb appeal and provides outdoor space for relaxation once restored. Properties of this era often include solid framing and traditional layouts, which can serve as a strong foundation for renovation.
Interior Potential and Renovation Scope
The interior of the home will require comprehensive rehabilitation, including updates to mechanical systems, finishes, and structural components as needed. To pass an occupancy inspection, buyers should anticipate addressing items such as:
Electrical system upgrades
Plumbing repairs or replacement
Heating system installation or modernization
Roof and exterior repairs (if applicable)
Flooring, walls, and ceilings
Kitchen and bathroom renovation
The two-bedroom layout is well-suited for a variety of end uses, including a rental property, resale flip, or affordable owner-occupied residence. With thoughtful design and efficient use of space, the 850 square feet can be transformed into a comfortable and functional home.
Value of the Adjacent Vacant Lot
One of the most notable aspects of this offering is the inclusion of an adjacent vacant lot. This additional parcel provides flexibility and long-term upside, depending on the buyer’s goals. Potential uses may include:
Expanded yard or garden space
Off-street parking
Outdoor living area
Future development (subject to zoning and municipal approval)
In markets where land availability is limited, an extra lot can significantly enhance a property’s overall value and appeal.
Location: Braddock, Pennsylvania
Braddock is a borough with deep historical roots, known as one of the centers of early American steel production. In recent years, the area has drawn attention from investors, developers, and community revitalization efforts aimed at restoring housing stock and improving neighborhood infrastructure.
The property’s location on Penn Street North offers access to local roads and regional connections throughout Allegheny County. Braddock is situated near the Monongahela River and within reasonable driving distance of downtown Pittsburgh, making it a viable option for commuters or tenants seeking affordability outside the city center.
Ideal Buyer Profile
This property is best suited for:
Real estate investors seeking a low-cost acquisition
House flippers looking for a full renovation project
Buy-and-hold landlords planning to add a rental unit after rehab
Experienced renovators comfortable with as-is purchases
Buyers seeking land value combined with housing potential
Because the home requires substantial work, it is not ideal for buyers looking for move-in-ready housing. However, for those with vision, capital, and renovation experience, it represents a rare opportunity at a very accessible price point.
Financial Considerations
With a purchase price of $9,000, the initial acquisition cost is extremely low compared to many residential properties. This allows more budget flexibility for renovation and improvements. Buyers should conduct due diligence, including:
Estimating full renovation costs
Reviewing local zoning and building requirements
Confirming utility availability
Assessing resale or rental market values
Once renovated, the property could generate income or resale value that significantly exceeds the original investment, depending on market conditions and renovation quality.
Conclusion
The property at 712.5 Penn St N, Braddock, PA 15104 offers a unique opportunity for buyers willing to take on a full renovation project. With two bedrooms, one bathroom, 850 square feet of living space, and an adjacent vacant lot, this as-is sale provides both immediate and long-term potential.
Whether envisioned as a restored single-family home, an income-producing rental, or a strategic investment tied to land ownership, this property stands out for its affordability and flexibility. For investors and renovators looking to make an impact in Braddock, this listing represents a promising starting point.
FROM ZILLOW