Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-12-25
A RAPID INCREASE.

1
The Wainwright Property, on Morningside
Avenue, Again SoId-An Advance of
So42 Per Acre in Three Days-A $780,
600 al on Penn Avenue.
SATURDAY, Dec. "a.
The Wainwright property on Morning.
side avenue has again changed hands at
large and rapid increase in value. This prop
erty is situated on Morningsids avenue,
Eighteenth ward, having a frontage of
about 800 feet on that thoropChfare, ex-
tending through to Stanton avenne, and has
total frontage of about $500 feet: As
has been mentioned in this column,
this ground was purchased about Two
weeks ago by the present sellers ior S42OO0
from w. c. Lyme, who realized proflt OF
SoOO per acre on the tract within tve months.
M.F. Hipple & Co.have just sold the property
again for MeSsrs. John p. Gangw1Scn anu
Frank X. Gibson to well-known OIL oper-
ator for $5l,0.O or about $36i2 per acre,
showing an advance of s9,C0) about s6i2 per
acre, within very shor5 space or time, as
the deal was virtually closed three days
alter the consummation OF the previous
sale, but the final papers were not passed
until Thursday last
A 100000 Deal on Penn Avenue.
The most important deal in city real es-
tate that has occurred since the sale of the
completed to-day by Back Baird, who
sold pieco of property situated on Penn
avenue, near Ninth. street. for between $780,
O00 and 800 900, the price approaching nearer
the. latter figure than the former. The
ground Is at present occupied by Drlck
dwellings, which are to be ruzed ana large
business block erected in their stead for
renting purposes. The fnll particulars of
the deal could not be obtained to-day as
they were not yet in shape for publication.
an Increase IN Rents.
The Schmertz property, corner of Smith
field street and Second avenue, was to-day
leased to Messrs. Nertheimer & Wormser,
the furniture dealers, for term of years
by Black Baird, the lease to take effect on
February /, next. Rent in this vicinity has
increased somewhat within the past year,
as the terms of this lease will show. Previ-
oufy the property rented for $4,000 per
yeIf, while in tnis new lease the yearly
rental is fixed at "a. 600.
Personal.
Leonard A. Clark, of the real estate firm
Of Piper & Clark, has gone to Johnstown
on business in the interest of local capital
lists who are interested in coal land near
that city.
Building Permits.
Only One building permit was issued'to
day; that was taken out by Christian G Geisler'
for two two.story frame dwellings, Chaun-
cey street, between Wylie and Webster
avenues; cost $500 for both.
Late Sales.
A. q. Byers & Co. sold for Mrs. Rachel Blue
the property Nos l34, 1S5 and 'l36 River ave-
nue., Eighth ward, Allegheny, having erected
thereon three frame houses of eight, five
and four rooms respectively, with lot 6514176
feet, for $1,000.
John F. Sweeny sold for A. p. Thomas to
L. e. Sands, of Main street, l. twrenceyille,
handsome nine-room Queen Anne house
on spahr street. East End, situate on lot
fronting 81 est on Spahr street and extend
ing bHcl l27 feet. In closing the deal the
price $500 was shaded.
Kelly y Rogers report the following sales:
For MIR. Brooks TO W. Kimberiin, one house
and IL piece OF ground on Frankstown ar-
enue, near Wood street, for price apprONi-
mating $1,000! for Mellon Bros, n lot on Mar
garette street, 5lxll9 for &, ,3l7 80: it will be
improved ut once; Tor William Baird, nine
lots ut Latrobe, lieur the steel works,
Tor Sl75 each; Tor II. +. Downey, two lots in
the j. Walter Hay plan for $3.50.
Reed B. Coyle & Co. sold for Samuel Forter
two lots, Nos. 27215 and 213, i'll Watson place
plan, Tenth wnru, Allegheny, fronting 100
feet on Perrysvil!e avenue BY $50 ieet To Or
John X Ewing Co. sold for So 400, to
Sarah j. Anderson, for Thomas McGowan,
the property No. 30 Sampson street, second
ward, Allegheny, being tWo-story Dr1ek
house of five rooms with lot 2Ox8O. The |
above firm. sold this property to MI Nc
Gowan 80 days ago Tor s.. 80
Black q Baird sold to william Z. stevens |
a large two-story frame house on Cohasset
street, Duquesne Heights. with lot 25xl5o |
feet, to MerIden street, Tor 81. 500 cash.
j. C. Allies & Co. sold for George Schmidt |
lot No. l59 on lookout IYenue, I'm his Eureka |
plan, TO William McE lh4AsN. for s525 f
Samuel w. Black & 20 sSttd lot No. D. 25x |
14s feet. on the east sidSspf Aiitfllilda street,
in the Friendship Grows ami Park plan, for |
ST, 900. Tie purchaser b sends erecting q |
ha andsome res idsH ce in tllenear future. The |
opening and grating ofBoCIlilda street from |
Liberty Uyenue to Penn avenue and the |
many buildings now under way on this |
street, will make it IL very attractive thor
oughIare .-.t.. --.:
The Burrell and Kensington Improvement
Companies report the following sale OF lots
at kensington: Mrs: Maggie c. Abbott
CharJiers, Pa, lot s.. block 6, $737 so cash.
Wilhelm, PittEburS, lots 100 ana
lol, block 6ot G62. block 10, and lots 1888, lS9
and 100 block %, Ior 81, $40 cash; John Wilds.
Hope Church, Pa lot IS. block o. $3.50 cash.
Samuel ii. Manifold Parker City, Pa, lots
81 and IS, block 5, 81. 800 cash.
Peter Shields sold on Forbes street, Sixth
" ard, a lot 21x79 feet, running through to
Watson street, for So 800 cash. The -ptlr-
chaser, who is a well-known business man,
will erect large fiat for renting purposes.
- f The Weeks Record