Rental Investment Off-market Deal in Forest city!

Susquehanna County, Forest City, PA, 18421
Sold
Listed at: September 14th, 2023
Price
$69,000
ARV
$170,000
Gross Margin
$101,000
Sq. Footage
2000
Type
Multifamily
Parking
Off street
Year build
1930
Lot size
0.16 acres
Bedrooms
7
Bathrooms
2
Half Bathrooms
1
Summary

Unlocking Prosperity: Your Key to Rental Investment Success in Our Multi-Family Gem!


🏠 2 units Multi-Family Residential

1st unit: 

🛌 4 beds 

🛀1.5 baths

2nd unit: 

🛌 3 beds

🛀1 bath 

Total of:

🛌 7 beds

🛀 2.5bath

✨2000 sqft

🧱 Built: 1930

👨‍👩‍👧 Current Occupancy: Vacant

👩‍👧‍👦 Occupancy at Close: Vacant

💸Asking Price: 💲69,000

🔨 Repairs: 20,000-30,0000 depending on Exit Strategy

💲ARV: 170,000

🌟 More Info 🌟

Rentable as is, needs some cleaning.

REQUIREMENTS TO PURCHASE OUR PROPERTIES ALL INSPECTIONS TO BE COORDINATED DIRECTLY WITH DAVID NUMA ****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. Capital King Investments, 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. Capital King Investments, 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

David Numa

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