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Updated over 2 years ago on .

User Stats

9
Posts
5
Votes
Richard Clark
  • Investor
  • PA, OH
5
Votes |
9
Posts

Harrisburg Cash Flow (First Investment)

Richard Clark
  • Investor
  • PA, OH
Posted

Investment Info:

Single-family residence buy & hold investment in Harrisburg.

Purchase price: $60,000
Cash invested: $20,000
Sale price: $118,000

Fully renovated and rented LG smart home. All new 4-BR/2-BA, finished basement, large deck. Quiet & Peaceful location in Melrose Garden, Close to 25th Street on the edge of Harrisburg city. Improvements include: All new kitchen with stainless appliances, premium cabinetry and LED lighting throughout. Added full bath in finished basement and great room. Hardwood, Tile and Laminate Flooring. Central Heat/Air. Almost 1400 sqft finished. This was my first renovation. Property is rented for $1200/mo.