115 Molleystown Rd. Pine Grove, PA 17963
Asking Price: $90,000
Images and all deal info courtesy of Lenny Wyda
Photos Link:
*GIS Map and Floor Plans Included
https://photos.app.goo.gl/kxbgumYiYYQfLKqa8
Buy & Hold Overview:
Projected
- Gross Rents: $16,800
- Annual NOI: $11,388
- Cap Rate: 9.11%
- Cash on Cash Return: 12.95%
Highlights:
- Additional Lot with Large 2 car Garage
- Tenants Pay Utilities
- Under 1 Mile to Interstate 81
Repairs Needed:
- Flooring
- Bathroom updates
- Drywall repair
- Paint
- 2 missing kitchen cabinet doors
- Chimney flashing
- Side deck needs either replaced or could replaced with concrete slab
Utilities:
- Heat: Paid by Tenant
- Electric: Paid by Tenant
- Water/Sewer: Well/Septic
- Trash: Paid by Tennant
Property Details:
- Beds: 3 Bed
- Baths: 1.5 bath
- Square Footage: 1,280 SF
- Lot Size: 0.51
- Year Built: 1920
- Zoning: Residential Single Family
- Heat: Oil Boiler
- Electric: 100 amp Panel
- Plumbing: Pex and Copper
- Water: Well
- Sewer: Septic
- Roof: Metal / Shingle
- Foundation: Block
- Windows: Vinyl Double Pane
- Water Heater: 2018
- Garage: 2 car detached garage
- Flood Zone: No
- Water Damage: 3rd floor from chimney needing flashing
- Taxes: $1,092
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://drive.google.com/file/d/1AcFLn498D_J78HTTelgH_AZ9Vl94D4jY/view?usp=drive_link
💲Estimated Market Rents
Zillow, Apartments.com:
Apartments for Rent in 17963 – Pine Grove, PA | Apartments.com
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.