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Updated almost 10 years ago,
Harrisburg PA Home. 18% CAP rate or $23,000 Flip! CHEAP. $39,000.
Awesome Potential!!
Semi-detached 3 bedroom 1 bath, 1289 s.f. Marysville Boro home on quiet street. Full concrete basement and walk-up attic. Town sewer and water. Low taxes. Oil, steam heat.
House's exterior is in great shape. Just needs to be completely updated. Also needs a new boiler or boiler repair. I personally would convert to electric.
GREAT rental! Rents from $850-$1,100/month. That's a 18% cap rate at $950/month!
Or Fix and flip!
ARV: $87,000
Fix-Up: $20,500
Potential Profit: $20,000 - $25,000
Close to major routes and easy access to Harrisburg.
You can't touch a house in this area for this price. Just check resale prices and rents on popular websites. Won't last! Cash buyers only!
Please contact me for figures and details! I have the number from the BP Calculator for both as a rental and a flip.