Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-07-17
A HEALTHY REALTY MARKET.
Property OF All Kinds and in All Sections
Being Picked Up by Investors
Wherever . Fair Return Is Assured
Ruildinu Contfnues Acfive

Property Of All Kinds and In All Section.
Being Picked Up by Investorl
Wherever . Fair Return Is Assured
Building Continues Active.
The realty market, while quiet 50 far as
sales are concerned, is full OF real strength,
as shown by the large number of inquiries
and firmness of owners. Business is better
than year ago. Confidence is strong, not
withstanding industrial troubleA Capt.
talists are picking up acreage and choice
building sites whenever opportunity offers
The interest of home-seekers in small prop
critics is as keen as ever. Downtown prop
erty finds ready sale whenever offered on
basis which will return tair income to the
investor.
The property known&s the Wagner home
stead on Oakland avenue, Fourteenth ward,
owned by j. NJ. Grimes, was sold by W. C.
Stewart yesterday to p. H. Laufman, the
Apollo iron manufacturer, for 5000 cash.
The house contains Is large rooms, and the
lot is 65x145 feet People in a position to
know think this sale is a bargain.
j. A. Coleman & Co. yesterday reported
the sale OF three acres on the Morningside
road, in the vicinity of Stanton avenue, for
about S7,000 or s., 1888 an acre, about high.
water mark in that locality. Sales on this
thoroug hfare are increasing. One plan Of
lots has been sold out and another is not far
behind. There is talk of considerable build
ing in the fall.
Mrs. John Harper has had plans prepared
by Architect Pickel for OF 10 story ware
house on Liberty street to take the place of
the one destroyed by fire last April. Work
one of the finest structures in the city. The
first and second stories will be of stone and
the rest Pompean brick. Mrs. Harper is
also building nine handsome modern dwell
ipgs on Bedford street, Eighth ward.
Klfne's Hotel, formerly known as the st.
John, changed hands during the week. 1t
was sold by Larkin & Kennedy to L. W.
Ebert for 81, 500. 1t is one of the landmarks
in that quarter OF the city.
The W. P. Martsolf Company. Limited, has
leased through the Black & Baird agency,
for five years, the business stand at the cor
ner OF Penn avenue and Sixth street, now
hi her than previously paid. The building
will be remodeled. The main entrance will
be changed from Sixth street to the corner,
and the Penn avenue side will be ornament
ed with large plate glass show windows and
an artistic entrance. The interior will also
be reconstructed, These improvements will
cost $4,000 or more.
A part of the old Slataper homestead, on
Winebiddle avenue, Twentieth ward, was
sold yesterday by M. F. Nipple & Co. to D.
Chalmers Kuhn, of the East End. at figure
close to sll, 900. Tho lot is l05xl50 feet, max
ing the price nearly $l05 foot front. The
purchaser will improve at once with hand.
some residence.
Yesterday was record-breaker in the
building line. Only seven permits were is.
sued, but they represent 81 houses-the lary-
est number ever granted in one day. An
other feature worthy of note is that they all
are all to 60 up In the Twenty-third ward on
different streets. The estimated COST Of the