SFR 3/1 in Plum Borough. Rental Income $1075/mo

[Brandon Miller]

House for sale in Plum Boro.  Good residential neighborhood with a good school district.  Nice back yard and 1 car integral garage.  House is on a corner lot with adequate street parking if you fill up the garage and driveway. Furnace, AC, Washer/dryer, rear covered porch...

$77,000.00 asking price
$1,685 est taxes (Zillow)
$12,900 is the estimated Gross Annual Income

Repairs needed to house for rent: ($3500-$5000)
Cleaning and carpet cleaning
Repaint interior
Remove carpeting from bath and kitchen and replace with a roll out (or flooring of your choice).
Minor landscaping and new stones in driveway
Value: $90k-$100k

Estimated repairs to bring to top of market: $35k, ARV $125k (top of market rent is $1250/mo)

The house was owned by an elderly lady who moved in with her family.  The house is well maintained but could use updating to sell on the market.  Perfect for rental.  From my walk through, it looks like the house would only need a quick paintjob, carpets cleaned, and a new floor in both the kitchen and bath (currently carpets) to be ready for rental.  Rents in the area were professionally estimated to be between $840-$1250, with this house likely receiving $1085 in its current state.  Rental estimate and additional pictures will be provided upon request.