2203 Penn St Assigned

2203 Penn St

One look at the front of this house and you’ll be saying “Is this the right one?!”  This two bed one bath house has excellent curb appeal and is ready for an investor to breath life back into the inside.  It features a 10-year-old roof, a newer looking water heater, and a covered front porch with porch swing.  It has one bedroom on the main floor, and one bedroom upstairs.  Through the upstairs bedroom is also access to another room that would be great for an office, nursery, extra storage, or even a non-conforming 3rd bedroom.

The kitchen and bathroom need fully redone, as well as new interior paint, flooring, and some sheetrock repair.  The air conditioner and furnace are said to be in working condition.  There is a slight pet odor, but no cigarette smell.  There is on-street parking and a paved alley behind the property.  A portion of the backyard could be paved or graveled for the addition of off-street parking.

ARV: $120,000
Asking Price: $64,000
Estimated Rehab: $23,000-30,000
Estimated Rent: $900/mo

*Rehab descriptions are provided as a courtesy. We strive to help investors have a better understanding of possible needs and numbers. Information provided here is NOT an exhaustive scope of work nor is it a bid for contractor and labor. Please do your own due diligence as numbers/ARV are not guaranteed; they are based on our current knowledge of the property/market, experience, and a quick walk through.