Summary
🌟 Property Details:
- Type: Single Family Home
- Bed/Baths: 3 beds, 1 bath
- SQFT: 1,134
- Fair Market Rent(Eric County PA): $1,227
📈 Investment Highlights:
- 💼 Low Purchase Price: Acquire this property at a competitive price of $22,000, leaving ample room for renovation costs and future profit.
- 💰 Strong Rental Income: With market rents at $1,227 for fair market rent, this home offers excellent rental income potential post-renovation.
- 📈 High Demand: Erie’s rental market is thriving, ensuring quick tenant occupancy once the property is ready.
🔨 Investment Potential:
- 🛠️ Medium to High Repairs Needed: This property requires a significant renovation to reach its full potential.
- 🏘️ Value Add Opportunity: Ideal for investors looking to add value through renovations and capitalize on a high-demand rental market.
📈 Why Erie, PA?
- 🌟 Strong Rental Market: Erie boasts a robust rental market with high demand for quality rental properties.
- 🏡 High Rental Demand: Market rents are around $1,227 for a 3-bed, 1-bath home, ensuring strong and stable rental income.
- 845-238-4717 (Call to get the deal !!)
Street View
Location
current deal
comparables
available
sold
#2
$123k
$99k
Bedrooms | |
Bathrooms | |
Sq. footage |
Deals nearby
Available
Sold