Another one that speaks for itself very easily; one side of the street is Polish Hill, the other Upper Hill (photo #2)!
Clean & fresh mostly to-studs demo with an amazing view.
Large 5BR/2BA w/restoration opportunities, exposed brick, covered front porch, & a rear yard.
Needs everything except a gut & a roof, but some comparables climb to over $400k.
Many elite opportunities with this property; eg, plans were in motion to reframe the windows, extending the master / 3rd-floor window to a panoramic view (see photo #s 5 & 6), as well as removing the pitch & transforming into a Master Suite.
Colors & complementing stone accents allow exceptional curb appeal. Stands tall & proud (2.5 stories) among the others lining the beautiful street.
- Excellent transit
- Central heat
- Elevated basement
- TALL ceilings
- Walkable to Pitt in ≈20-25 minutes
Deck in the rear can possibly be restored – was a nice sitting area.
Concrete patio in rear previously used as a sunroom; plans were in place to convert to laundry room.
Polish Hills comps’ photos:
Upper Hill comps’ photos:
Rental comps (large older homes across the Hills):
*Also see comps pic @end of reel – filtered by the two Wards it falls between only (5 & 6).
As photos easily show, needs almost everything, ROI = as high as you want it to be; cash return of $100k or more.
CAP can also reach 13 → 16% if you go that route @ARV .. the neighborhood(s) aren’t going anywhere so might be a good choice to further mature equity 👍
- Taxes: $1,831
- Electric: Rewired & inspected (*February, 2020)
- Plumbing: Removed
- Kitchen: Needs one
- Bath: Needs two
- Roof: 4 yrs old
- Furnace: 30 yrs old
- Hot Water Tank: Older
- Windows: Should be replaced
- Floors: 2.5
- Parking: On-street; plenty
- Rental Potential: $2,550-$3,075/mo