[Single Family] 1507 Mifflin St Homestead, 15120 Pending

  • $32,700
  • 3 beds
  • 1.1 baths
  • 2,300 sqft

*flip, hold as-is, or update & hold
** ^ ^ title work 100% complete! πŸ˜ƒ !


Get it almost cheaper and in better shape than when it sold in 1994 for $29,500!

Large Homestead SFR *exactly* 1 mile from the Waterfront w/high ARV & CAP (on a little street between 15th & 16th Avenues). Update & rent for $1,375/month (or more if you add more bedrooms… there’s space!).

 

  • most recent CAP as it sits: 15.75%
  • CAP@ARV: min. 24.50%

  • enormous covered front porch
  • no immediate rear neighbors
  • no neighbors to the right (3 recent tear-downs; might want to grab one or all of them up too for parking, builds, etc.!)
  • long backyard (used to be a garage in alley .. rebuild if desired)
  • walk-out basement
  • central heat
  • attic
  • hardwood

 

Has a WalkScore of nearly 70 alongside high transit & bike scores.
Can convert Pittsburgh Toilet to a 2nd full bath.

 

Rental potential:

  1. SFR – Sxn.8: $1,251 [max w/util.]; market: $1,375 – 3BR
  2. SFR – Sxn.8: $1,373 [max w/util.]; market: $1,525 – 4BR
  3. SFR – Sxn.8: $1,579 [max w/util.]; market: $1,750 – 5BR

 

3/2 – 800 sq.Ft. smaller rental for $1,600: click

comps w/photos: click
^ open in browser, not app ^

Property always maintained.


(Sorry for the bad photos on this one!)


  • Taxes: $1,205
  • Electric: Updated
  • Plumbing: Updated
  • Kitchen: Updated (2009)
  • Bath: (1) Updated (main; 2009); (1) n/a (Pgh. toilet)
  • Roof: 18 yrs old
  • Furnace: 6 yrs old
  • Hot Water Tank: 1 yr old
  • Windows: Double-paned; older
  • Floors: 2.5
  • Parking: Off-street (rear)
  • Rental Potential: $1,375+/mo
Price:
$32,700
Address:
1507 Mifflin St
Homestead, PA 15120
Square Feet:
2,300
Lot Size:
3,900
Bedrooms:
3
Bathrooms:
1.1
Terms:
For Sale
Property Type:
Home
Year Built:
1908
Basement:
Full; unfinished
Const. Type:
Frame (log)

Call (800) 788-9882 for more details

Property Location