The EASY flip $ in Moon Twp. stone ranch – a beauty that needs almost nothing but bath updates.
Immediate (same street) comps $247k —> $300k.
- 250 Shafer Road sold for $247k, missing some updates + much smaller lot: ClicK
price | $189,900 |
update cost | $20,000 |
all-in | $209,900 |
ARV | $265,000 |
instant return | $55,100 |
Property easily speaks for itself, but some highlights:
- CHA
- 2nd parcel included; total land nearly an acre on private angled lot
- Moon Area school district
- 2-car integral garage
- Extremely clean & nicely updated owner-occ SFR
- Pristine landscaping & F/R entertainment areas
- Worth around $225k as it sits / instant equity if you don’t touch it
Basement perks:
- Finished
- Full bath roughed-in
- Extra bedroom
Unique, easy money opp – hence the “Flip-of-the-Year”. Est. gain $50-55k as soon as you update / finish the baths.
- Taxes: $4,042 ($4,034+$8 [lot])
- Electric: Updated
- Plumbing: Updated
- Kitchen: Nicely updated
- Bath: (1) new/roughed-in; (1.5) can afford updating
- Roof: 10 yrs old
- Furnace: 13 yrs old
- Hot Water Tank: 5 yrs old
- Windows: Double-paned
- Floors: 1
- Parking: Off-street (2-car integral garage)
- Rental Potential: $1,750/mo