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Peter V.
  • Real Estate Investor
  • Marlton, NJ
7
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59
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----------PHILLY REHABBERS/LANDLORDS!! HERE'S A GREAT DEAL FOR YOU!!

Peter V.
  • Real Estate Investor
  • Marlton, NJ
Posted Oct 23 2014, 13:32

I have a West Oak Lane property up for grabs!!! It is at a steal of a price for 65,000!!!! House needs cosmetic updating. Kitchen & Bath remodel, carpets, paint and windows. ARV in that area go from anywhere around $115k up to $150k+ with the average of the rehabbed comps being $148k depending on your quality of rehab if you get the gist... Property is 3 bedrooms, 1 bath, hardwood floors in living room, has great curb appeal from what you see in the picture of the outside. Rehab the inside with the cosmetic spruce ups and finish the basement to reap the most profits. Click link below for more pictures.


Comps that sold in the area:

7162 Andrews Ave. Phila, Pa.19138
3 bed/ 1.5 baths, finished basement
SOLD June 20, 2014 for $155,000

7158 Andrews Ave. Phila, Pa. 19138
3 bed/ 1 bath, 1190 sq.ft.
SOLD June 10, 2014 for $157,000

1837 73rd Ave. Phila, Pa. 19126
"Full Rehab"
3 bed/2bath, 1290 sq.ft.
SOLD July 14, 2014 for $144,000

1798 Plymouth Street
Philadelphia, Pa. 19126
"Full Rehab"
3 bed/ 2 bath, finished basement (increased sq. footage to 1585 sq. ft.)
SOLD September 18, 2014 for $146,000

1957 73rd Ave. Phila, Pa. 19126
3 bed, 2 bath, 1092 sq.ft.
SOLD on March 7, 2014 for $139,900

Active Listings:

1818 Plymouth Street Phila, Pa. 19126
3 bed/ 1 bath, 1158 sq. ft.
"Full Rehab"
Active Listing at $143,900

Minimum return you should profit from this property is 25k. The more you do the more you can make.... Add another bathroom do a high end rehab or finish the basement to add square footage of living space to the property & reap the rewards of 40K+ net on the return.  Call me for details!

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