[Single Family] 841 [Old] Coal Hollow Rd — Penn Hills, 15147 For Sale

  • $32,700
  • 3 beds
  • 1 baths
  • 1,288 sqft

Sits on both Old Coal Hollow + Coal Hollow (you feasibly recognize it if you’re local; sits in proud isolation w/all the parking out front, on the left coming down Rte. 130/Coal Hollow):

– house accessed from either road
-garage from Coal Hollow (at least right now – rebuild & poss add driveway from OCH)

 

  • big open-concept kitchen
  • formal DR
  • updated electric
  • central heat **newer furnace in basement just awaits installation!!
  • original hardwood, interior doors, high ceilings
  • walk-out basement
  • much parking – covered (2-c.-garage) + uncovered (gravel pkg. pad + behind)
  • many covered outdoor decks/porches
  • exceptionally sunlit – much light enters the entire property, not just the bonus-sunroom.

 

Prop is an asset via location, layout/size of interior & *land, condition despite being pretty much a full gut, and the anticipated ROI.

Verona ZIP/central Penn Hills yet situated on a big lot, which is surrounded by a loooong stretch of *abandoned, vacant lots; opp to work a deal w/the township to secure an enormous chunk of land, much of it previously developed (empty parcels mapped in photo reel).

 

Cap rate will have your investment paid back in 3½-4 years, est. 24.8% if you put mid-$20k’s into rent-ready reno. Could be less depending on your trade/resources. ARV mid-$100k’s.


Some recent work done by carpenter-owner, also a fellow investor.

A good transparent prop for many investor types.


  • Taxes: $1,643
  • Electric: Updated
  • Plumbing: Updated
  • Kitchen: Needs updating
  • Bath: Needs tub/shower/drywall work; otherwise not bad!!
  • Roof: Functional, replace sooner than later
  • Furnace: Newer! (on-premises, needs installing)
  • Hot Water Tank: OK
  • Windows: Mixed
  • Floors: 2+
  • Parking: 2-car detached garage + parking pad + more off-street
  • Rental Potential: $1,575-$1,625/mo
Price:
$32,700
Address:
841 [Old] Coal Hollow Rd
Penn Hills, PA 15147
Square Feet:
1,288
Lot Size:
5,575
Bedrooms:
3
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1900
Basement:
Full; walkout
Const. Type:
Frame

Call (800) 788-9882 for more details

Property Location