Photos Link
*GIS Map and Floor Plans Included
https://photos.app.goo.gl/otq3xr6YqiqrDN3G6
Buy & Hold Overview
Current
- Gross Rents: $53,400
- Annual NOI: $30,924
- Cap Rate: 7.36%
- Current Market Value: $442,888
- Lease Type: Month to Month
Projected
- Gross Rents: $90,600
- Annual NOI: $59,454
- Cap Rate: 10.82%
- Cash on Cash Return: 14.66%
- Repair Estimate: $100,000 – $140,000
Highlights
- New roof
- Newer heating system
- Many units currently rented
Repair Estimate
Total Estimated Repair Range: $100k to $140K
Current & Estimated Rental Analysis
Utilities
- Heat: Landlord
- Electric: Landlord
- Water/Sewer: Landlord
- Trash: Landlord
Property Details
- Units: 10
- (3) 1 Bed, 1 Bath
- (7) 2 Bed, 1 Bath
- Square Footage: 7636 SF
- Lot Size: 0.25 A
- Year Built: 1900
- Zoning: Reason
- Heat: Gas hot water 2022
- Electric: 200 Amp 2022
- Plumbing: Mixed. Mostly new on 1st and 2nd floor
- Water: Public
- Sewer: Public
- Roof: Rubber. 2025
- Foundation: Stone
- Windows: Modern 2024
- Water Heater: Electric 2024
- Garage: None
- Flooring: Mixed
- Flood Zone: No
- Mold Noted: None
- Water Damage: 3rd floor shows water damage on ceiling from previous leaks
- Water in Basement: Shows signs of moisture. There is a floor drain.
- Taxes: $3400
Comparable Sales
Estimated Market Rents:
*these are all active rent comps for the Du-Bois market
https://www.zillow.com/homedetails/640-W-Long-Ave-15801-Du-Bois-PA-15801/2055622719_zpid/
1 bed, 1 bath, $795 Month.
https://www.zillow.com/homedetails/324-Knarr-St-APT-B-Du-Bois-PA-15801/2081550032_zpid/
2 Bed, 1 Bath $850 Month.
https://www.zillow.com/homedetails/205-Olive-Ave-Du-Bois-PA-15801/81649425_zpid/
2 bed, 1 bath. $1150 Month.
Town Overview
DuBois, Pennsylvania is a small city in north-central PA known for its small-town feel, affordable living, and convenient access to I-80. Historically rooted in lumber and coal, it now serves as a regional hub for healthcare, shopping, and outdoor recreation, with nearby forests, parks, and community events that make it appealing for residents and investors alike.
- Economic/Jobs: Employment in DuBois is centered around healthcare, retail, manufacturing, and education, with several regional employers supporting steady local jobs.
- Education: Dubois is home to the Dubois Area School District and the Dubois Catholic School
- Lifestyle & Amenities: The local area is surrounded by wildlife, and shopping.
- Transport Links: https://www.rideata.com/
For more details on Dubois’’s attractions and local resources, visit:
- https://duboispa.gov/
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.
- 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.