Rehab started – big stuff *done*.
Investor bought it recently and got the dirty+big work done for the next one!! Got it cheap, demo’d, put the expensive parts on/in (roof, furnace, wiring), & we’re him breaking even.
Comes with attached 2nd lot, identical in dimensions.
- BRAND new (as in done in the past month):
- roof (was slate)
- LARGE covered front porch
- Central heat
- Big, bright, usable attic
- Was last rented for $1,200/month
- Still has its OG charms (eg, exposed brick high, ceilings)
Build garage on the vacant included lot. Or just have the nice big yard.
Total lot if you deed on one parcel: 5,760 sq.Ft. / over an 1/8 of an acre .. pretty good for that neighborhood!
Right off of Ardmore blvd (~500 feet) @the Forest Hills border, 2nd block up:
See photos for the gorgeous block of Franklin it lives on!
Cap near 20% after repair.
ARV likely $175k. 757 Princeton Blvd. sold for $165k last month (3BR; $100 over asking price)
^kept #s a pinched reserved^
#s can change further in your favor depending on what you plan to do with the property and/or the lot. There was a house there until 5-6 years ago, so utilities are there & it’s ready for another build if you are. Or can at least have electric in a garage easily.
Rent potential $1,300-$1,425 Sxn.8 or market, maybe more soon enough. Here’s all of Wilkinsburg: click
- Taxes: $1,264 total (1230+34)
- Electric: Newly updated
- Plumbing: Needs updating
- Kitchen: None
- Bath: Gutted (all)
- Roof: BRAND NEW
- Furnace: BRAND NEW
- Hot Water Tank: Needs one
- Windows: Mixed
- Floors: 2.5
- Parking: On-street (plenty)
- Rental Potential: $1,425/mo