37-39 Filbert St. Milton, PA
Asking Price: $160,000
Images and all deal info courtesy of Lenny Wyda
Photos Link:
*GIS Map and Floor Plans Included
37: https://photos.app.goo.gl/Et5zkWn26VH8xQu67
39: https://photos.app.goo.gl/p2NVhbeKMhMgvSVg8
Buy & Hold Overview:
Current
- Gross Rents: $11,400
- Annual NOI: $6,006
- Cap Rate: 3.75% (one side vacant)
- Lease Type: 1 Year
Projected
- Gross Rents: $25,200
- Annual NOI: $17,046.12
- Cap Rate: 9.21%
- Cash on Cash Return: 13.68%
- ARV: $115,000 -$120,000 Each side
Highlights:
- Two attached half doubles deeded separately
- Off street parking
Utilities:
- Heat: Tenant
- Electric: Tenant
- Water/Sewer: Sewer paid by Landlord
- Trash: Paid by Landlord
Suggested Repairs:
37 Filbert: Refinish flooring or lay new on first floor, Put in Kitchen, front porch steps, windows on the first floor if wanted to update, trim work on second floor, finish back sunroom, siding
39 Filbert: Potential electrical panel update, flooring in 2nd floor bedroom, back porch roof, siding
Property Details:
- Beds: (37) -3 (39) – 4 Total: 7
- Baths: (37) 1 (39) – 1.5 Total: 2.5
- Square Footage: (37) – 1,182sqft (39) – 1,344sqft Total: 2,526
- Lot Size: 4,323 total
- Year Built: 1860
- Zoning: Both Zoned Single Family
- Heat: Natural Gas
- Electric: Both 100 amp panels
- Plumbing: Copper/PVC
- Water: Public / 1 line
- Sewer: Public / 1 line
- Roof: Age Unknown / No current visible leaks
- Foundation: Stone
- Windows: Mix of double pane vinyl and wooden
- Water Heater: Both New
- Garage: N/A
- Features: Off Street Parking
- Flooring: Hardwood,lvp.laminate
- Flood Zone: Zone X, Less than 1% chance, Flood Insurance not required
- Mold Noted: No
- Water Damage: Back sunroom exterior
- Water in Basement: No
- Taxes: (37) – $587 (39) – $601 Total: $1,188
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:
https://www.zillow.com/homedetails/338-Hepburn-St-Milton-PA-17847/78735162_zpid/
https://www.zillow.com/homedetails/316-Center-St-Milton-PA-17847/78735302_zpid/
AS-IS Comps:
148 Broadway St, Milton, PA 17847 | Zillow
Estimated Market Rents
MLS Rental Comps: https://drive.google.com/file/d/1m22Bmda_C5cXuzxypdlTZPrNlmk1Ver5/view?usp=drive_link
Contact Us to Schedule a Walkthrough:
The Melito & Koch Team
- Lenny Wyda Direct Line: (570)413-0921
- Lenny Wyda 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.
- 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.