Looking to invest in Wilkes Barre Pa
So I’m going to look at a property in Wilkes Barre this evening. It sounds very promising. It has some remodeling work done to it already. The sellers agent said it could use about $10,000 worth of work yet and that the seller is looking for a quick cash sale. I was thinking of offering $45,000 and it’s a 3 unit building. 1/1 2/1 and a 3/1 units. It sounds like a great deal to me but I’m worried about the city and all of their regulations. Is there anything I should look into before going into contract? I read on the city website that I will need a rental inspection before I can rent the place out and I’m assuming I should make sure the owner has a new certificate of occupancy on the residence and had permits pulled for all work done. Any advice for investing in this area would be great. Also the property is on main st two blocks down from Kings college and it is not in the flood zone.
Thank you
Dan