Registration is now open for our Wholesaling and Fix & Flip Bootcamps. Register Now!

Hide this

Investment @property Directory

SFR , 4 Bedroom in Reading Pa.

Residential Income Property (Single Family Rental)

Listing Expired about 3 years ago

List Price:

$29,000

XXXX Muhlenberg St.
Reading, Pennsylvania 19601 Get Map


Built 1900
Posted October 07, 2008



Description:

Property Address:
1410 Muhlenberg St
Reading, Pa. 19601
4 bed 1 bath 1410 sq ft.

Great Deal ….. Owner occupied almost always means a better price and a property in better shape and in this case it does. Comments: This is an end unit in a good neighborhood in good condition. Property has oil forced air heat and mechanicals are in good shape, see pics. Owner occupied and is leaving the appliances which include: washer, stove and refrigerator . This is a great starter property with not much rehab to be done and a great deal for under 30k. Rehab needed: Mostly all cosmetic, we will be having our contractors in this week for a full estimate. We are estimating to be under $6000.00 and ready to rent. We have been wholesaling in Reading for over 2 years and will assist in any way through out the entire transaction. When you purchase a property through us you will also be in business with our realtor who is very familiar with our system, reputable contractors, management companies, banks that will refi the appraised value and appraisers. This is a fantastic way to kick start your business and have all the contacts you need with one transaction . Thank you and we look forward to doing business with you. Taxes: $1071.00 Rent: $650.00 – 700.00 ARV: $50,000 – 55,000 Repairs: under $6000.00 estimate will be done this week MAO: $29,000.00 based on $6k rehab and 50k conservative ARV Your price: $29,000.00 Assignment fee: $3,000 Down payment: $1000. Balance due at closing: $28,000 I will email pics if interested. Please email me directly jframe2112@yahoo.com or call 610-392-4305 if you have any questions or would like the pictures.