🏒 Great Opportunity for a Fix & Flip- Residential Property In Old Forge PA🏒

Lackawanna County, Old Forge, PA, 18518
Sold
Listed at: January 11th, 2024
Price
$122,000
ARV
$220,000
Gross Margin
$98,000
Sq. Footage
1275
Type
Single-Family
Parking
Driveway
Year build
1950
Lot size
6500.00 sqft
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

πŸ“ Size: Approximately 1,275 sqft

🏠 3 Bed 1 Bath

πŸ’² Starting Price: $122,500

⏳Last day we are accepting offers: 01-17-24

πŸ“ˆ After Repair Value (ARV): Approximately $220,000

🏑 Potential Future Rents: Approx $1,800

🏠 Hardwood Floor

🏑 Electricity Good

🏠 Cover Patio

🏠 One Garage

🏠 Property Condition: Okey Condition 

🏠 Roof: 6 years old

πŸ’² PROPERTY SOLD β€œAS-IS”



PLEASE SUBMIT YOUR OFFER, WE WILL CONSIDER ALL OFFERS



πŸ“Έ Photos : 

https://drive.google.com/drive/folders/17jNDpAqH1iC-JVvOJx33r6baJgY1wMQ0?usp=sharing


🏒 Investment strategy:

This Single Family House offers a compelling opportunity for an investment that you want to make a FIX AND FLIP or BUY AND HOLD. Its proximity to schools, shops and key highway services increases its appeal to both tenants and investors.


🀝 Act now and seize this promising investment opportunity. Reach out to us today for additional information or to schedule a property viewing.


βœ‰οΈ Email: Nelson@jompex.com

COMPS:

517 Fallon St, Old Forge, PA 18518 / 3 bd2 ba1,500 sqft / Sold: $222,000 Sold on 11/02/23

https://www.trulia.com/home/517-fallon-st-old-forge-pa-18518-9578723

210 Barber St, Old Forge, PA 18518 / 3 bed 2 bath 1,550 sqft / Sold: $295,000 Sold on 08/04/23

https://www.redfin.com/PA/Old-Forge/210-Barber-St-18518/home/128583521



REQUIREMENTS TO PURCHASE OUR PROPERTIES ALL INSPECTIONS TO BE COORDINATED DIRECTLY WITH NELSON EMIZ ****BUYER TO PAY BOTH BUYER'S AND SELLER'S CLOSING COSTS**** ALL PURCHASES REQUIRE A $5,000-$10,000 DEPOSIT TO SELECTED TITLE COMPANY BUYER TO COMPLETE THEIR OWN DUE DILIGENCE ALL PROPERTY INSPECTIONS & VIEWINGS ARE BY APPOINTMENT ONLY DO NOT DISTURB OCCUPANTS DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action. Jompex LLC it's principals and associates do not exist to render, and do not give, legal, tax, economic, or investment advice. Values are strictly an opinion. Rental rates and repair estimates are also strictly an opinion. All numbers should be verified independently. Legal advice should be obtained through a qualified attorney. Jompex, LLC and its principals and associates are not appraisers or general contractors and do not claim to be one. Consult your own independent legal counsel, general contractor, accountant, appraiser, or other advisor as to all legal, tax, investment, economic, financial and other related matters concerning real estate and other investments. Information is not guaranteed, please do your own due diligence.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Carlos Buestan

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