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Sold about 5 years ago

$85,000

3 bd 1 ba 1442 sqft

4* Wyneva St, Philadelphia, PA 19144

Residential SFR Needs Repairs

Current Rent **

$1,400

Projected Rent **

$1,400

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Wholesale in 19144! Flip or fix and rent.

Gotta love having multiple exit strategies! Row home opportunity in 19144 that works for a flip or a buy and hold!

4* Wyneva St, Philadelphia PA 19144

Square Feet - 1442
3 Bed / 1 Bath
2 Story Row
RSA-5 Zoning
Real Estate Taxes - $1,225

PICS AND WALKTHROUGH VIDEO HERE: https://drive.google.com/drive/folders/1OSeQ_WlVT2nEx6CytpamlaC2OoWUCiF7

Purchase Price - $85,000

This house has great bones to it and the mechanicals appear to be in good condition. The property is dated and will most definitely need cosmetic updates in order to push the value - but it has great bones, the mechanicals appear to be in good condition and the basement was dry when we went through for our inspection.

This property is currently occupied but will be delivered vacant at settlement.

This deal works as a cosmetic fix and flip or as a BRRRR (buy, renovate, rent, refinance, repeat).

The best comp places the value at around $190,000 +/-. 4643 Germantown Ave was located with .15 miles, was renoavted 1100 sq ft row that sold in 23 days on market.

Please contact us for access. We'll be doing a 1 time showing for qualified buyers based on current occupancy.

Location:

4* Wyneva St, Philadelphia, PA 19144

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.