STOWE
(i.e.: NoT McKees Rocks!!)
A truly beautiful house with original hardwood under carpet, high ceilings, pocket storage, a couple of fireplaces, a sun/mudroom, & a nice lot by the river. Vacant lot to 1 side = some privacy! Also has a church right behind it – many tenants’ dream.
-about 1 minute to Bellevue/Brighton Heights, 51, 65; minutes to 79, 19, 279
-covered front + rear porches
-upper level rear deck (**needs to be repaired)
-fully fenced yards
-attic (w/heat!)
-easy parking
-finished basement!
- 4BR/2BA can rent for 11.24% → 15.75% CAP post-rehab
-or- - put a little more $ in & flip it
**to be fair, here are the comps ONLY E. of 51 (where this resides; looking at a little over $100k ARV): CLICK from browser only
Vacant 4 years – not bad comparatively. Needs approximately $40k to get it right; ie, needs a boiler, updates throughout, a gas line, a heavy cleaning (there were 3 dirty dogs living there!), some windows.
- Taxes: $1,376
- Electric: *Updated (*could not get to box, but outlets were grounded, so is assumed)
- Plumbing: Needs updating
- Kitchen: Needs updating
- Bath: Needs updating (both)
- Roof: ≈15 yrs old
- Furnace: Boiler; very old / shot
- Hot Water Tank: 8 yrs old
- Windows: Mixed (21 total); some double-paned, some old ones might need replacing
- Floors: 2
- Parking: On-street
- Rental Potential: $1,275/mo