[Single Family] 2260 Freeport Rd Harmar, 15238 Pending

  • $38,700
  • 2 beds
  • 2 baths
  • 1,040 sqft

Vacant and really not the worst!! Needs full cosmetic updates but it isn’t *broken* ..
**property will be cleaned-out prior to closing!!

Rowhouse on the Freeport Road drag of Harmar!! You probably know this loooong stretch of rowhouses if you’re local. It’s in the middle of 1 of the rows of 8. Much parking front + rear!

Right at turnpike, Waterworks/Fox Chapel, Oakmont/Verona, It’s a few feet from the Hulton Bridge. Oakmont Bakery is a ½-mile walk!! See photos for proximities.

  • It’s the larger of the 2 build types in that row.
  • Nice tall ceilings, wraparound-ish covered porch/deck, central A/C.
  • You can work on the 2nd basement ~full bath becoming a big beautiful one.


ARV is tough to gauge because of infrequent sales of similar property types + location. Found some rowhouse supportive sales, but who knows! Best to hold this one as a big moneymaking rental.

 

Some rental estimators gauge the potential at $1.5k-$1.8k/month. I think more like $1,175-$1,325/month depending on what you do with it; ARV of maybe up to $70/75k or so. Using that average and assuming at all in, including sales price, you’re at $57k, CAP potential around 17-19%:

Bonuses 😊:

  1. H2O tank is very new
  2. main bath is *OK*

  • Taxes: $945
  • Electric: Partially updated
  • Plumbing: Updated
  • Kitchen: Needs updating
  • Bath: Main: OK; Basement: Needs updating
  • Roof: Rolled; 20 yrs old
  • Furnace: 20 yrs old
  • Hot Water Tank: 1 yr old
  • Windows: Single-paned
  • Floors: 2
  • Parking: Off-street; plenty
  • Rental Potential: $1,125-1,375/mo
Price:
$38,700
Address:
2260 Freeport Rd
Harmar, PA 15238
Square Feet:
1,040
Lot Size:
3,032
Bedrooms:
2
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1915
Basement:
Full; unfinished
Const. Type:
Brick

Call (800) 788-9882 for more details

Property Location