427 N 6th St Philipsburg PA
Asking Price: $30,000
Images and all deal info courtesy of Launce Soult
Photos Link:
*GIS Map and Floor Plans Included
https://photos.app.goo.gl/mGL15h4hiUgMsCLp6
Buy & Hold Overview:
Current Rental
- Gross Rents: $4,800
- Annual NOI: $62,676
- Cap Rate: 8.92%
- Cash on Cash Return: 11.01%
Projected Rental
- Gross Rents: $10,800
- Annual NOI: $6780
- Cap Rate: 22.6%
- Cash on Cash Return: 30.9%
Highlights:
- Cheap entry
- Nice Neighborhood
- Newer Furnace
- Utilities paid by tenant
Property Details:
- Beds: 1
- Baths: 1
- Square Footage: 600
- Lot Size: 0.13
- Year Built: 1974
- Heat: Oil forced air
- Electric: 100 Amp.
- Plumbing: Mixed. Upgraded as needed.
- Water: city
- Sewer: city
- Roof: Metal 2020
- Foundation: Pedestal
- Windows: Modern
- Water Heater: Electric. 2023
- Garage: 0
- Flooring: Mixed
- Flood Zone: Yes
- Mold Noted: No
- Water Damage: No
- Water in Basement: No basement
- Taxes: $175
Comparable Sales/CMA
*we recommend any potential investor do their own due diligence and use these as a point of reference only
https://www.zillow.com/homedetails/805-Florence-St-Philipsburg-PA-16866/81648545_zpid/
https://www.zillow.com/homedetails/0-Railroad-St-Philipsburg-PA-16866/454173141_zpid/
https://www.zillow.com/homedetails/2999-Port-Matilda-Hwy-Philipsburg-PA-16866/213512240_zpid/
Contact Us to Schedule a Walkthrough:
The Melito & Koch Team
- Launce Soult Direct Line: 814-559-2989
- Launce Soult Email: launce@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.
