Investor Notes:
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Two unit potential
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Limited Analysis Data
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Due Diligence Recommended!
Photos Link:
*GIS Map and Floor Plans Included
By The Numbers Estimate:
- ARV (After Repair Value): $113,000 – $123,000
- Purchase Price: $42,000
- Repair Estimate: $51,000 (main house and 15k estimate on trailer)
- Equity Upon Renovation: $28,000 (closing costs factored)
Highlights:
- Secluded Area
- Screened in Porch
Repair Estimate:
Total Estimated Repair Range: $26,000 to $36,000 for main house
Estimated for Trailer: $15,000
Property Details:
- Beds: 2
- Baths: 1
- Square Footage: 698 SF
- Lot Size: 0.36 acres
- Year Built: 1950
- Stories: 1
- Heat: Electric Baseboard
- Electric: unknown condition (see photo)
- Plumbing: Copper/PEX
- Water: Well
- Sewer: On-site Septic
- Roof: Asphalt shingle, needs replacing
- Foundation: Crawlspace
- Windows: Double hung, fair condition
- Water Heater: electric; age unknown
- Garage: None
- Features: Screened in porch, shed, additional trailer for storage
- Flooring: Vinyl/carpeting – poor condition
- Flood Zone: yes
- Mold Noted: some black substance on bedroom wall and back room ceiling
- Water Damage: No
- Water in Basement: No basement
- Taxes: $839
Comparable Sales:
ARV (After Repair Value) Comps:
https://www.realtor.com/realestateandhomes-detail/29-Creekside-Ln_Orangeville_PA_17859_M95103-95547
2 bed, 1.5 bath, 1184 sqft, .43 acre lot, 2.9 miles from subject property
Sold for $170,000 on 09/20/24
PPSF (Price Per Square Foot): $144
In flood zone, same school district, outskirts of town
*on Fishing Creek which may increase value compared to subject property
https://www.zillow.com/homedetails/73-State-Highway-442-Millville-PA-17846/2054369323_zpid/
2 bed, 1 bath, 900 sqft, .4 acre lot, 10 miles from subject property
Sold for $154,900 on 02/29/24
PPSF (Price Per Square Foot): $172
No flood zone, different school district, outskirts of town
https://www.zillow.com/homedetails/6365-Mill-St-Bloomsburg-PA-17815/9221072_zpid/
3 bed, 1 bath, 996 sqft, 7405 sqft lot size, 10 miles from subject property
Sold for $95,000 on 09/30/2024
PPSF: $95
No flood zone, same school district, in town
ARV (After Repair Value) Estimate:
Conservative ARV PPSF Average: $120
Subject Property Sqft: 698
Conservative ARV Estimate: $83,760 (for main house, not including value of the trailer
Estimated As-Is Trailer Value: $10,000 – $20,000
Estimated ARV of Trailer: $30,000 – $40,000
Total Estimated ARV of Trailer and Main House: $113,000 – $123,000
Town Overview:
Orangeville, PA, is a small borough in Columbia County, nestled along Fishing Creek in northeastern Pennsylvania. It has a rural charm with historic buildings and a close-knit community. The town is known for its scenic surroundings and proximity to Bloomsburg, offering easy access to local attractions and outdoor recreation.
- Economic/Jobs: With its proximity to Bloomsburg, the local economy includes opportunities in retail, healthcare, and agriculture, with nearby areas offering positions in manufacturing and education.
- Education: Orangeville, Pennsylvania, is served by the Central Columbia School District, which operates Central Columbia High School, Middle School, and Elementary School; additionally, Greenwood Friends School, a private institution, is located within the borough.
- Lifestyle & Amenities: Orangeville, PA, offers a quiet, rural lifestyle with a close-knit community and a focus on outdoor recreation, including fishing and kayaking on Fishing Creek. While the borough itself has limited commercial amenities, residents have easy access to nearby Bloomsburg for shopping, dining, healthcare, and entertainment. The area is ideal for those seeking a slower pace of life, with scenic countryside, local events, and proximity to natural attractions like Ricketts Glen State Park.
- Transport Links: PA Route 487 and Interstate 80
For more details on Orangeville’s attractions and local resources, visit:
Contact Us to Schedule a Walkthrough:
The Melito & Koch Team
- Team Line: 814-201-6172
- Email: jay@melitoandkoch.com
- Website: melitoandkoch.com
- Facebook: The Melito & Koch Team
Disclosures:
- ORAL CONSUMER NOTICE:
We are agents, but not YOUR agent until a representation agreement is signed. Real Estate Law requires us to provide a written notice describing various business relationships you may have with a real estate licensee. Information shared at this time is not confidential unless a business relationship is established. - HOLD HARMLESS ACKNOWLEDGEMENT:
All investment data is for informational purposes only. Real estate investment carries inherent risk. The Melito & Koch Team and associated entities are not liable for any reliance on the data provided. Always conduct your due diligence and consult financial/legal advisors. - 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.
