McKeesport, PA
12 Replies
Marck Paul
from Brooklyn, New York
posted almost 5 years ago
How's everyone, I'm just starting REI and a spot saw within my range was McKeesport in Pittsburgh. I want to know if anyone can give me some info about the area. I've done some research and spoke to some people and they say it's a decent area close to the city and depending where the crime is bad. Just trying to learn more about the area, property I'm looking at is a 3 bedroom 1 bath single family
Justin Betters
Property Manager from White Oak, PA
replied almost 5 years ago
Hi Marck, I grew up in the McKeesport area and I own a few rentals there. Just like any other city there are good parts and bad parts. Let me know specifically where you are looking and I can help you out.
Jeremy Pace
Contractor from Pittsburgh, PA
replied almost 5 years ago
@Marck Paul unless you're moving to Pittsburgh, I wouldn't buy rental property in McKeesport. Unless you can get them for free, or damned near it ... there are plenty of better locations in Allegheny County.
Jerry Kisasonak
Residential Real Estate Agent from Mc Keesport, Pennsylvania
replied almost 5 years ago
I second what Jeremy said. I live close to that area and won't invest there. I have owned two homes there and gladly sold both of them. Even with being in close range they were high-maintenance management. As Justin mentioned, there are a few good pockets in McKeesport. But it's rare that great deals come up in those areas.
I recently spoke with a newer investor who bought 2 homes in McKeesport for 4K - that's for both. His plan is to put 20K rehab into each and rent them out. Sounds like a solid plan - 22K all-in each. But where he bought them he will have a very hard time getting a tenant who will pay and won't tear the new rehab up. This is what people who are selling these houses for 2K know: It's not worth dumping money in an area where it will not be appreciated - or worse - destroyed.
Having said that, if you do want to go there Justin Better will be your guy.
Marck Paul
from Brooklyn, New York
replied almost 5 years ago
Thanks for the info fellas, is there anyway I can get in contact with you @Jeremy Pace , I didn't see a option to PM you
Marck Paul
from Brooklyn, New York
replied almost 5 years ago
I didn't see the PM option for you also @Jerry Kisasonak , if I can get in contact with you that would be great. Justin I was able to PM you
Dominic Lucarelli
from Irwin, Pennsylvania
replied almost 5 years ago
I'm targeting properties within the McKeesport zip code as well, more specifically Port Vue. It's a better area and within the South Allegheny School District. PM me and maybe we can team up.
Updated almost 5 years ago
I should also mention that my current day job is a mailman in those areas. I know which streets (and people) to avoid.
Dominic Lucarelli
from Irwin, Pennsylvania
replied almost 5 years ago
Originally posted by @Jerry Kisasonak :
I second what Jeremy said. I live close to that area and won't invest there. I have owned two homes there and gladly sold both of them. Even with being in close range they were high-maintenance management. As Justin mentioned, there are a few good pockets in McKeesport. But it's rare that great deals come up in those areas.
I recently spoke with a newer investor who bought 2 homes in McKeesport for 4K - that's for both. His plan is to put 20K rehab into each and rent them out. Sounds like a solid plan - 22K all-in each. But where he bought them he will have a very hard time getting a tenant who will pay and won't tear the new rehab up.
Jerry, what area if you don't mind me asking? I'm a mailman and I've delivered almost every street in the zip code.
Jerry Kisasonak
Residential Real Estate Agent from Mc Keesport, Pennsylvania
replied almost 5 years ago
@Dominic Lucarelli I believe he said his were on Soles Street.
Dominic Lucarelli
from Irwin, Pennsylvania
replied almost 5 years ago
Ouch! I can't think of a worse street in McKeesport!