Mar
09
Lots of new deals coming soon!
ByWe have not had time to update the website much over the last few weeks since we have been busy picking up a bunch of new deals. Here is a quick look at what we have coming up. Give us a call if you want more info on any of these.
Steuben Street, Elliot – This property is a 3 bedroom (has a 4th br but is captive), one bath, 2 1/2 story aluminum sided house. It has a new 200 amp electric service, new kitchen cabinets and an updated bath. It has a fenced rear yard and off street parking. This property needs about 4k in work and should rent for $750 per month. Price is $16,900. If you can close in the next week, it’s yours for $15k. If we don’t sell this right away, you may see this marketed for more in the near future as we plan on doing the work, getting it rented and selling in the mid to upper 20’s.
10 Property package deal - This deal has 14 units total and only 2 apartments are vacant and need minimal work. This properties will bring in over $6,000 per month and will be priced at $199,000
Brighton Heights rental – This property is having new carpet and new flooring installed in the kitchen and front and rear entry today. It is a 2 bedroom, 2 bath with updated wiring, furnace and kitchen. This property will be completely 100% turn – key. We have about 10 prospective tenants lined up to view it this weekend and will be rented for $640 per month. Price will be $23,900. This is a great property to add to your portfolio.
Crafton Flip Opportunity – If done according to our plan, an investor could make a minimum $30,000 profit on this deal. This is an all brick 6 bedroom house that has a lot of character. Purchase price is $46,900. This is one that you will need to move quickly on.
Stowe Township – This is perfect great for the investor looking for a cheap deal. This house is a 3 bedroom (could be 5 bedrooms) and has 2 full baths. It has a newer furnace, central air and is all brick. It will need about 5k in work and will be priced at $9,900. If you call us this week and can close quick, we will cut you a sweet deal. We are also working on getting the property next door so there is a great opportunity to own 2 houses side by side. Each property should rent for at least $700 per month.
North Braddock – East Pittsburgh – This is two properties on one lot that have 3 units in total. These properties have just been renovated, approved for occupancy by the borough and all have been rented. The rents will are $1,350 per month and the tenants pay their own gas and electric. Price is $54,900. Imagine what you could do with $800 of monthly positive cash flow.
Hazelwood – This property is a 3 bedroom brick house with newer windows. It will need a furnace, plumbing, electric service, paint and carpet. Price is $6,900
McKeesport – Owner Financing – 2 bedrooms, only needs paint and carpet, all utilities are functioning, has a newer furnace. $2,900 down and your payment of $289 monthly will pay this off in 5 years. No Bank Qualifying. This house should rent for$500 to $550 per month.
Stanton Heights Flip Opportunity - This property will need a fairly big rehab but there is room to potentially make $40,000 in profit. We are working through some title issues on this one but should be ready to sell in the next 2 weeks.
Sheraden duplex – This property is a vinyl sided above and below duplex with off street parking and really only needs some very minor cosmetics. It already has a newer roof, updated furnaces, newer electric and the kitchens and baths are in good shape. The price is only good for this week for $23,900. If it does not sell right away we are going to do the work ourselves and the price will change to $33,900.If you like, we will even give you our contractors to do the work and you can save some big money.If you want this one for the reduced price, you need to move quickly. Total rents will be $950 per month.
Give us a call or shoot us an email if you would like any more information on any of these properties. We will be adding them to the Penn Pioneer site over the next few days.
Whew….That’s all for now.