Photos Link
*GIS Map and Floor Plans Included
https://photos.app.goo.gl/xn4Mk316EgfHvSS26
Fix and Flip Profit Potential Estimate
- ARV 160k – 175k conservative
- Purchase Price: $40k
- Repair Estimate: 70k
- Closing and Carrying Costs (10%): 16k
- Profit Potential: 34 – 50k
Highlights
- Large 5 bed 1 bath
- Double lot with a 2 car garage!
- High Efficiency Furnace
Repair Estimate
Total Estimated Repair Range: 70k
Property Details
- Beds: 5
- Baths: 1
- Square Footage: 1605 SF
- Lot Size: 10,454
- Year Built: 1930
- Zoning: Residential
- Heat: Gas, Forced Air, high efficiency, not sure on condition
- Electric: 100 Amp, unsure
- Plumbing: unsure
- Water and Sewer: Public
- Roof: Shingle, unsure
- Foundation: Block
- Windows: Vinyl
- Water Heater: Gas, 40 gallon
- Garage: 2 car detached
- Flooring: Carpet and Wood
- Flood Zone: No
- Taxes: $1706
Comparable Sales/CMA
*we recommend any potential investor do their own due diligence and use these as a point of reference only
ARV (After Repair Value) Comps:
3100 Oak Ave, Altoona, PA 16601
3 beds, 2 bath, 1,997 sqft
Sold for 190k on 11/10/2025
PPSF $95
https://www.zillow.com/homedetails/3100-Oak-Ave-Altoona-PA-16601/125041346_zpid/
915 Race St, Altoona, PA 16601
3 beds, 2 bath, 1152 sqft
Sold for $165k on 10/27/2025
PPSF $143
https://www.zillow.com/homedetails/915-Race-St-Altoona-PA-16601/86399732_zpid/
2930 Oak Ave, Altoona, P.A, 16601
2 bed, 2 bath, 1784 sqft
Sold for $151,500 on 7/10/2025
PPSF $85
ARV (After Repair Value) Estimate
Average PPSF: $100
Subject Property Sqft: 1,605
ARV Estimate: $160,500
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As-Is Comps:
2908 Maple Ave, Altoona, P.A 16601
3 beds, 1 bath, 1334 sqft
Sold for $50k on 1/10/2025
PPSF $37
https://www.zillow.com/homedetails/2908-Maple-Ave-Altoona-PA-16601/86399775_zpid/
3020 W Chestnut Ave, Altoona, P.A 16601
3 beds, 3 bath, 950 sqft
Sold for $48k on
PPSF $51
https://www.zillow.com/homedetails/3020-W-Chestnut-Ave-Altoona-PA-16601/86399897_zpid/
As-Is Value
Average PPSF: $44
Subject Property Sqft: 1605
As-Is Estimate: $70,620
Town Overview
- Economic/Jobs: 56,500 people employed in Altoona. Major local employers include UPMC Altoona, Sheetz, Inc., Altoona Area School District, and Pennsylvania State University. Unemployment around 4%, roughly in line with state average
- Education: Public schools served by the Altoona Area School District, Penn State Altoona
- Lifestyle & Amenities: Strong healthcare infrastructure through UPMC Altoona and related services. Mishler Theatre, Railroaders Memorial Museum, Blair County Convention Center for events, conferences.
- Transport Links: https://www.altoonapa.gov/contact-forms/resource-directory/contact-cards/amtran-authority
For more details on Altoona’s attractions and local resources, visit:
Contact Us to Schedule a Walkthrough
The Melito & Koch Team
- Kyle Colby – Direct Line: (814) 800-4076
- Email: Kyle@melitoandkoch.com
- Website: melitoandkoch.com
- Facebook: The Melito & Koch Team
Disclosures
- ORAL CONSUMER NOTICE:
- The Real Estate Law requires that I provide you with a written notice that describes the various business relationship choices that you may have with a real estate licensee. Since we are discussing real estate without you having the benefit of the consumer notice, I have the duty to advise you that any information you give me at this time is not considered to be confidential, and any information you give me will not be considered confidential unless and until you and I enter into a business relationship. At our first meeting I will provide you with a written consumer notice which explains those business relationships and my corresponding duties to you.
- HOLD HARMLESS ACKNOWLEDGEMENT:
- The information contained in this email, including attachments, is confidential and may be legally privileged. It is intended solely for the use of the individual or entity to whom it is addressed. If you are not the intended recipient, please notify the sender immediately and delete this email. Real estate investment carries inherent risk, and this email does not constitute legal or financial advice. While I strive to provide accurate and up-to-date information, I make no warranties regarding the correctness of the data or the viability of the investment strategies discussed. By using the information provided, you agree to hold harmless The Morrow Wargo Group, Realty ONE Group Supreme, or any other entity related to our relationship- for any reliance on the content of this correspondence. Investment decisions should be made based on your own due diligence and consultation with financial and legal advisors. As a real estate agent, I provide services to assist in purchasing properties and analyzing data; however, the ultimate responsibility for investment decisions lies with the investor.
- DUE DILIGENCE:
- This deal must be analyzed individually. Investment returns are not guaranteed. All investors should conduct their due diligence. The Melito & Koch Team, Realty ONE Group Supreme, and associated parties are not liable for any inaccuracies or reliance on this information.
