200-202 S Shamokin St. Shamokin, PA
Asking Price: $75,000
Images and all deal info courtesy of Lenny Wyda
Photos Link:
*GIS Map and Floor Plans Included
https://photos.app.goo.gl/L8czcxaJ4Cj7mP3s8
Buy & Hold Overview:
Current
- Gross Rents: $14,400
- Annual NOI: $7,857.12
- Cap Rate: 10.48%
- Cash on Cash Return: 19.17%
- Lease Type: 202 (left side) $500 month to month. 200 (right side) $700 9 months left on 1 year lease.
Projected
- Gross Rents: $21,000
- Annual NOI: $13,137.12
- Cap Rate: 14.60%
- Cash on Cash Return: 37.08%
- ARV: 2 Bed 1 Bath: $60,000 3 Bed 1 Bath $65,000
Highlights:
- Cash flowing
- Room to increase rents
- A stand alone twin deeded separately
Utilities:
- Heat: Baseboard Electric (Tenant)
- Electric: (Tenant)
- Water/Sewer: (Landlord)
- Trash: (Landlord)
Property Details:
- Beds: 5
- Baths: 2
- Square Footage: 1,817
- Lot Size: 3,536
- Zoning: Both Single Family
- Heat: Baseboard Electric
- Electric: 200amp and 100 amp
- Plumbing: Pex
- Roof: 12 years old. Back porch roof on right hand side may need to be replaced
- Foundation: Stone
- Windows: Mostly Vinyl
- Water Heater: 201
- Garage: N/A
- Flood Zone: Zone AE
- Mold Noted: No
- Water Damage: back porch roof
- Water in Basement: No
- Taxes: $1,236 combined
Estimated Market Rents:
- Average Rents
Contact Us to Schedule a Walkthrough:
The Melito & Koch Team
- Lenny Wyda Direct Line: 570-413-0921
- Email: Lenny@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.
