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Starting Price: 135,000
Property Taxes: 1,780.74
3 Bed / 1 Bath
1,798 Sq Ft
0.14 Acres
2-Story Single Family
Attic Storage
Off-Street Parking
Unfinished Basement
Public Water & Sewer
ARV: 245,000
Comps:
1012 Washington St Freeland, PA 18224 - Sold 228,000 - 18 Days on Market (Not Renovated)
938 Washington St Freeland, PA 18224 - Sold 225,000 - 5 Days on Market (Not Renovated)
This Freeland, PA, investment opportunity presents investors with a chance to secure a spacious 3-bedroom, 1-bathroom, 2-story single-family home in Luzerne County with a starting price of $135,000, making it an attractive renovation opportunity with strong value-add potential. The property offers 1,798 sq ft of living space, a 0.14-acre lot, attic storage, off-street parking, an unfinished basement, and public water and sewer. With annual property taxes of approximately $1,780.74 and an estimated After Repair Value (ARV) of $245,000, this property presents an opportunity for investors looking to renovate and potentially resell for a profit or hold as a long-term rental. Nearby comparable properties include 1012 Washington Street, which sold for $228,000 after just 18 days on the market, and 938 Washington Street, which sold for $225,000 after only 5 days on the market. Both comparable properties sold without renovations, highlighting potential buyer demand and supporting the property's projected value after improvements. With its generous living space, additional attic storage, and strong nearby comparable sales, this property is worth evaluating for investors pursuing a fix-and-flip or long-term rental strategy in Luzerne County.
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