~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.

ALL PHOTOS

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. 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