[Single Family] 936 Garden City Dr Monroeville, 15146 For Sale

  • $112,700
  • 4 beds
  • 1.5 baths
  • 1,479 sqft

Listing about $60k-$80k under EASY-to-achieve ARV on behalf of a close investor of mine to sell long-term rental ASAP, otherwise it gets cleaned-up goes on the MLS for $145k!
Good to hold, micro-flip, or live in.

4BR, 1½BA multi-level/cape-cod-style scrapes ⅓ (≈.32) of an acre. Needs some love, yet not all the love! Great tenants, just has been a continuous rental for >13 years. Photos will display this no-brainer property better than words, but here are some highlights:

Easiest comps I think I’ve ever seen (9/14 are on same street):

(**of those ^ comps ^, this SFR has the largest lot & 2
nd largest square footage on the street)

  • new roof (2019); newer: H2O tank (2015), flooring, some paint, some windows
  • NEVER a problem renting
  • refinished/maintained original hardwood
  • central heat -&- air
  • big, nice yards
  • garage-top deck
  • included matching black appliances (range, dishwasher, refrigerator)
  • renowned Garden City neighborhood in Gateway SD
    (also very close to New Story Schools)
  • no carpet!!
  • best features: price vs. value, integrated garage, layout, hardwood, lot/scenery, community
  • rental history consistent since 2007 (mainly 5-year tenants); remarkably high (& rising) rental comps & property values in that immediate area

**here’s the transparent repair-shortlist for what’ll need your attention:
-the rest of the windows & paint
-general post-tenant handywork
-furnace
-foyer subfloor
-1 or 2 doors need shaved, hinges, or replaced
-some landscaping + gutterwork
basement floor addressed
-main bathroom: re-update; powder room: @least the floor
-the cosmetic stuff in the photos

I calculated min. $32k to make it right; depends on your plans (ie, whether you’ll resell or hold).


Overall, a pretty fine specimen of a midcentury build; unique-yet-$$-making layout w/nice hardwood levels blueprinted by black iron railings.


  • As-Is: $150,000 (proof)
  • CAP can scrape 10% at the high end of market rent, however the rapid rise in that neighborhood’s value will certainly balance that out

Here are pics of all Garden City properties that sold in the last 12 months: CLICK! (<<must open in browser)


[long-time, very solid investor-of-mine’s personal rental for over 13 years]


  • Taxes: $3,252
  • Electric: Updated
  • Plumbing: Updated
  • Kitchen: Updated
  • Bath: Sufficient (both)
  • Roof: NEW (2019)
  • Furnace: Ancient
  • Hot Water Tank: Newer (2015)
  • Windows: Mixed
  • Floors: Multi-Level
  • Parking: 1-car integral garage
  • Rental Potential: $1,475-$1,825/mo
Price:
$112,700
Address:
936 Garden City Dr
Monroeville, PA 15146
Square Feet:
1,479
Lot Size:
13,754
Bedrooms:
4
Bathrooms:
1.5
Terms:
For Sale
Property Type:
Home
Year Built:
1959
Basement:
Full; finished; walk-out
Const. Type:
Brick

Call (800) 788-9882 for more details

Property Location