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Listed price in listed location currency (USD).
$27,000

210

MLS® 1771110

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage 
Taxes $546
Days Active 0
Lot Size 0.033 Acres
Approx. Age 1895
MLS® Number 1771110

Property Address: 1809 Cornell St, McKeesport, PA, 15132-4502

Average square foot calculated using Size range provided by listing agent.

Description

CALLING ALL INVESTORS, CONTRACTORS & REHABBERS! Excellent opportunity to bring this property back to life. This 2-bedroom, 1-bathroom, 2-story home offers great bones and tremendous potential for an investor or contractor looking for their next renovation project. A full renovation is needed, providing the opportunity to customize the property, add value, and create a desirable rental or resale property. At a projected rental rate of $1, 000/month, the property could generate approximately $12, 000 in gross annual rental income or $120, 000 over 10 years. At a purchase price of $27, 000, this represents a projected 44.4% gross annual rental return. Based solely on projected gross rental income less the $27, 000 purchase price, the estimated 10-year gain would be approximately $93, 000, before accounting for renovation costs, property taxes, insurance, maintenance, vacancy, utilities, management, financing, and other expenses. Whether you’re an experienced investor, contractor, or rehabber looking for your next project, this property offers an affordable entry point with excellent potential and great bones. Bring your vision and transform this property into a profitable investment. Property is being sold as-is.
MLS® Number1771110
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1895
Basement
DrivewayOn Street
Garage Spaces
HeatGas
A/C

Extras

Home Estimate Zoopraisal®

This property is estimated to sell between: $27,000 and $119,000.
Similar properties in this area sold on average for: $87,750
Expected to sell in 92 days. Similar properties sold in 92 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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