• Year built: 1956
  • Lot size: 3800 sq ft
  • Area: 1302 sq ft
  • Bathrooms: 1
  • Bedrooms: 3
  • Owner Financing Available : Yes

Description

Fixer upper in Nanty-Glo, PA. This deal is a great opportunity for an investor or buyer looking for a fixer upper that can be turned into a cash flowing asset.  Property sold as-is and all offers will be considered!  Bring offers as we are motivated to sell it quick and will work to put together a great deal for you. Property was a bank owned foreclosure recently purchased at auction.

1240 Rodgers St Nanty Glo, PA 15943

3 Beds / 1 Bath  1,302 square feet

Cash Price:  $16,000 or best offer

Financing Available:  $900 down,  $300 a month

Average Rents in Area:  $1,100

Fix up and make a rental: $15,000

$16,000 purchase price

$500 closing costs

$10,000 estimated repairs

Total Invested:  $26,500

Gross Annual Rent:  $13,200

Insurance Cost $1000 yr

Property Tax Cost $1000 yr

Mgmnt Co: $1320

Vacancy:  $1320

Repairs / Maintenance:  $1320

NOI:  35%

Key Words:  Fixer upper, Needs work, TLC, Handyman Special, Bank Owned, REO, Auction, Must Sell, Motivated, Estate Sale, Equity, As-Is, Owner Financing, Seller Financing, Seller Carry, Lease Option, Rent to own

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