Duplex with owner financing! This property has great cash flow!

4036 Perrysville Avenue, Pittsburgh, Pa

No Banks Involved! Owner Financing!

One unit  rented for $450 and the other should rent for $800 (it is section 8 approved) = $1,250 per month

Check out the details here….

• Above and below brick duplex
• Property is in very good condition
• 1 bedroom apartment on first floor rented for $450 per month to a long term tenant
• 4 bedroom, 2 bath on second and third floor rent ready and should rent for $800 per month – already approved for section 8
• Slate roof appears to be in good shape
• Separate electric – updated electric service
• Separate gas – newer furnaces
• Terms – $73,900 purchase price, $5,900 down, $566.66 per month (10%) interest only, 3 year balloon, experience required
• Property taxes are $2,211 per year or $184 per month
• $566.66 interest payment + $184 taxes, + $40 (est) insurance, + $125 maintenance (10 % of gross rent est)  = $334.34 monthly cash flow

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