Perfect Fix and Flip with High Profits and High ARV

E Burgess St, Pittsburgh, PA 15214

$205,000 After Repair Value -
$55,000 Asking Price -
$60,000 Cost of Repairs =
$90,000 Potential Profit

Property Details

Asking Price $55,000

After Repair Value $205,000

Costs of Repairs $60,000

Potential Profit $90,000

Living Area 1188 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 1

Half Bathrooms N/A

Parking 1

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income $1,300

Yearly Expenses N/A

Property Taxes $100

Net Operating Income N/A

Cap Rate N/A

Property Description

Located on a quiet street in Perry South, 3 minutes from a main highway and 5 minutes from Downtown. Needs renovation. Most personal items will be removed before sale! 3 large bedrooms, all with at least 1 closet. Big back yard with a detached 1 car garage (26,000 sqft Lot). New hot water tank as of last winter. 3 Stories, NOT including Basement and Attic! Some comps sold in the last 90 Days include: 1) 2412 Wurzell Ave ($129 sqft) (.05 mi) 2) 2104 Federal Street Ext ($176 sqft) (.38 mi)

Repairs Needed

(Exterior Landscaping, Ceiling, Painting, Flooring, Full Kitchen Remodeling, some HVAC repairs, fixable central AC unit, New Hot Water Tank)

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