Another among the Rivertowns of Beaver Co.!
Never a rental! Owner-occ. since 1973!
Ranch w/garage & central air on nearly ¼-acre (.2199) flat green lot. 1-level brick living with bonus covered/screened front porch, fireplace, big shed in fenced yard, formal dining room. On a large corner lot, right next to a church or 2. State Street Elementary School exists on the street behind it. Walk to many places that line the river. A looker as attractive as the rest on the residential street in B- school district.
Hardwood throughout entire property; main bath remodeled very nicely .. see photos!! Wide sliding doors to rear patio & garden/private outside sitting areas. Has a firepit, fountain, stones; can easily house a hot tub and/or large grilling area.
Needs some paint, handywork, *maybe* a roof, kitchen + 2nd bath updates.
ARV up to $210k, maybe more as market matures; have a look if desired: click
Can achieve 8-10% cap or finish updates for a rather quick flip/return of ≈$50k.
Have yet to find a 2BR Baden apt. for rent under $1,050; rent est. $1,450-$1,675/month.
Was stated that roof might need replaced but I am unsure of necessity or urgency; it’s approx. 20 years-old but might just need cleaned-up for now. Including it in repair cost just in case!!
Allures:
- curb/street
- rental capability, location, area values & reputation
- school district
- good ROI for update/resell OR buy/hold
- Ohio Rivertown
- about 1 minute to PA-65/PA-51/Baden Park
- landscaping/foliage easily revived
- younger windows (<8 y/o); young H2O tank (2 y/o)
*borders Sewickley, Ambridge, Leetsdale, Harmony, Economy, while being less than ½-hour from Pittsburgh 👍 bus stop at the next block to Downtown Pittsburgh or Beaver.
*ex-4BR duplex converted to expansive 3BR/2BA SFR in the 1980s; was about to hit the MLS with realtor pricing of $160k but snagged it off-market for my growing # of Beaver investors before it happened.
- Taxes: $4,419
- Electric: Updated
- Plumbing: Updated
- Kitchen: Needs updating
- Bath: (1) Very nice; (1) Needs updating
- Roof: 20 yrs old
- Furnace: 20 yrs old
- Hot Water Tank: 2 yrs old
- Windows: Double-paned (~2013)
- Floors: 1
- Parking: 1-car integral garage
- Rental Potential: $1,450-$1,675+/mo