Highlights:
- Covered front porch
- Very nice kitchen, especially for a rental
- Good bath, too
- Good manageable yard space
- Many things nearby – even walkable!
- Few-minute walk to busline
- North Braddock values have climbed quickly, being a suburb slightly east of the city(!)
- Nicest house on the street + it’s clean!
Has:
- A month-to-month tenant that also pays all utilities
- Attic storage space
- Nice kitchen & bath
- Good space in & out
- Good proximities
- An 11½% CAP rate as-is; a 27⅓% @ market rents after a few exterior repairs
- An ARV much higher than asking price
Needs:
- Roof repaired or replaced
- There was a leak-repair attempted, but it didn’t completely fix it; it’s tenant-occupied, so it’s pretty mild
- Some outdoor cleanup
- Garage repair if you want to use it
- Photo shows its condition!
- Taxes: $1,343
- Electric: Updated
- Plumbing: Partially updated
- Kitchen: Nicely updated
- Bath: Updated
- Roof: Should be replaced; mild leak
- Furnace: 20 yrs old (boiler)
- Hot Water Tank: 8 yrs old
- Windows: Twin, thermal double-paned
- Floors: 2.5
- Parking: 1-car detached garage (*needs help); on-street
- Rental Income: $450/mo-to-mo
- Rental Potential: $1,025/mo