[Single Family] 10227 Frankstown Rd — Penn Hills, 15235 Pending

  • $37,900
  • 3 beds
  • 2 baths
  • 1,632 sqft

~Have-it-Your-Way in Penn Hills with min. **3BR, 17-26% CAP ~



Longtime rental-gut but in decent enough shape that it has a *partial tenant 👍!

 

Extra central, essentially has a parking lot, & is on the majority of an acre.

 

Close to everything ‘Penn Hills’, of course, on a countryish part of Frankstown — lot extends far back privately toward Old Coal Hollow.

 

Pretty beat-up but holds ROI with certainty; will need:

  • Exterior:
    • roof-soffit-fascia-paint
  • Interior [gut]:
    • about everything else–down to wall insulation

Has:

    1. Land
    2. Decks-Porches-Hardwood
    3. A *month-to-month tenant in 1BR-section of house (rest used for storage right now)

–bus stop directly out front:


**county website says it’s a duplex, yet there is a permit in place with Penn Hills for the work required to satiate the dwelling as a single family; rationale assumes a greater value to the township & property owner as an SFR.

cap ≈17-26%
-*rental comps: CLICK

ARV ≈$125k-200k
-*tiny SFR sales comp: CLICK
-*duplex sales comp w/similar setup inc. tenant situation: CLICK



Aerial view of location:

 

2021 total taxable assessment at-or-over current asking price 👍


  • Taxes: $1,541
  • Electric: Updated
  • Plumbing: Updated
  • Kitchen: Needs updating /reconfig’d. (one or both)
  • Bath: Needs updating (2)
  • Roof: Will need replacing
  • Furnace: (1) 10 yrs old; (1) 20 yrs old
  • Hot Water Tank: 8 yrs old
  • Windows: Original
  • Floors: 2
  • 3 BR/2 BA Total
    • [1] 2 BR/1 BA
    • [1] 1 BR/1 BA
  • Parking: Parking LOT (rear)
  • Rental Income: partial (1BR/1BA sxn.) at $500/mo; rest is vacant
  • Rental Potential: $1,575-$1,950/mo
Price:
$37,900
Address:
10227 Frankstown Rd
Penn Hills, PA 15235
Square Feet:
1,632
Lot Size:
27,420
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Duplex
Year Built:
1946
Basement:
Full; unfinished
Const. Type:
Frame

Call (800) 788-9882 for more details

Property Location