Monday, October 14, 2013

Real Estate Monday: Bloomfield

I know I've picked a remodeled home in Bloomfield before, so hopefully you don't mind while I highlight another one. This is most likely a flip as it was bought back in 2011 for $70,000. Now on the market two years* later  for $229,000 is 4513 Torley St.
*For those of you who might be interested in flipping a home, it pays to wait at least a year so your profit is not taxed as a short term capital gain. It's even better if you're living in your home while renovating and live there for at least two years, then you can make up to $250,000 or $500,000 if married and not pay capital gains tax. We learned this on our last house.
Bloomfield seems to be experiencing a great surge in remodels. The homes are a little frumpy looking on the outside and they scream Pittsburgh in the 1950's to me, but once remodeled I find them to be quite charming. They have very little yards, so if you're seeking suburbia this is not the place for you. But if you like walking down the street and having a bunch of restaurants at your disposal then this is the perfect local at a fraction of the cost of, let's say Shadyside. Here are the pictures.
Unassuming, I know, but it has a fresh paint job, and a garage in the back. 

This appears to be one large great room/dining room combo that leads right into the kitchen.
My favorite kind of layout.

Not a bad redo for a kitchen, eh? 

I like how much light this place gets, even though it's smack in between two other houses.

What a cool feature to keep on display as you walk down into your FINISHED basement. 

How nice to have a bonus room/man cave. 

This might be the only non-scary basement bathroom in Pittsburgh. 
 Happy Monday, friends!



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