Hep BP,

We have a contract for sale in Drexel Hill, PA. This would make for a quick and easy FLIP or possible RENTAL. This property is in really good shape. It has 4, possibly 5, bedrooms with 3 full baths and a 2 car attached garage Current owners replaced all the copper plumbing with PVC pipes, repaved the walkway, and replaced half of the windows in the house. The roof, siding and mechanicals are all in decent shape also.

For a FLIP:

Purchase Price- 165k

Estimated Cost of Repairs- 45k+/- *Replace remaining windows, replace breaker panel, paint oil drum in basement, tear up carpet in office area and re-finish hardwoods, granite counter tops in kitchen, new kitchen floor, stainless steel appliances, re-finish bathrooms, patch crack in chimney ($600 estimate), minor landscaping, replace wood on outside of the garage.

Comps:

1237 Lindale Ave, Drexel Hill, Pa 19026 *HOUSE NEXT DOOR* {2430, 4 bd, 2.5 baths} sold for 320k 181 DOM

1214 Cornell Ave, Drexel Hill, PA 19026 {2582 sq ft, 4 bd, 2.5 baths} sold for 280k 16 DOM

1025 Harper Ave, Drexel Hill, PA 19026 {2702 sq ft, 4 bd, 2.5 baths} sold for 270k 25 DOM

1236 Cornell Ave, Drexel Hill, PA 19026 {2581 sq ft, 4 bd, 2.5 baths} sold for 287,500 49 DOM

For a RENTAL:

The taxes are extremely high so they would HAVE to be appealed. Average rents in the area for homes this big are between $2200-$2500. For a rental the property wouldn't need much work at all.

*Pictures upon request*

Call or text Shawn if you have any questions 267-808-0574