Pittsburgh, PA | Great Off Market Rental Opportunity

Allegheny County, Pittsburgh, PA, 15212
Sold
Listed at: September 4th, 2024
Price
$65,000
ARV
$165,000
Gross Margin
$100,000
Sq. Footage
1712
Type
Single-Family
Parking
Driveway
Year build
1891
Lot size
0.30 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

📌ADDRESS: 1015 Smithton Ave, Pittsburgh, PA 15212

 

PLEASE READ:   

No wholesalers or daisy chains

Cash offers only

 

Please call or text Ryan at (856) 723-4501 for more information on this deal!

 

🏠 Single Family Home

🛌 Beds:  3

🛀 Baths: 1

✨ Sqft:  1,712 sqft

🧱 Built: 1891

👨‍👩‍👧‍👦 Current Occupancy: Tenant Occupied (current rent $1375 per month)

👪 Occupancy at Close: Vacant (market rent $1600-$1700 per month)

💸 Starting Price: $65,000

🔑 Buy Now Price: $80,000

 

 

Addtional details: 

ARV: $150,000-$170,000 depending on exit strategy

Conservative Rehab Estimate: $40,000-$50,000 in order to flip


Comparables - Sales:
* Updated: 1320 Woodland Ave, 3bd 1.5ba 1928sf, Sold 04/24 $219K              
* Flip-Updated : 3462 Shadeland Ave, 3bd 1ba 1500sf, Sold 05/24 $269K         *Flip-Updated: 3449 Fleming Ave, 3bd 2.5ba 1494sf, Sold 06/24 $254K

Comparables - Rents:
1238 Woodland Ave, 3bd 1ba 1344sf, Rented 03/24 $1700/month
3641 Massachusetts Ave, 3bd 1ba 1647sf, Rented 04/24 $1700/month



 

 

 

❗❗ The below terms are NON-NEGOTIABLE. This is a professional disposition company that will enforce the following conditions:

$5,000 non-refundable EMD

Buyer to pay all standard closing costs

Cash, hard money, or private money only

No JVing - This deal is NOT to be marketed elsewhere

Any agent commission is to be added ON TOP of asking price

 

DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving Deventum Properties exclusive rights to purchase the property. 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.

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Ryan Brown

No reviews

Disposition manager