favorite this post $39900 / 3br - 1584ft2 - ~~ Great for an Investment Property or a Starter Home! ~~ (Clairton) hide this posting unhide

674 Reed St.

(google map)

3BR / 1.5Ba 1584ft2 available mar 6


674 Reed St. Clairton, PA 15025
Price $39,900

Bedrooms: 3
Baths: 1.5
Sq Footage: 1,584
Year Built: 2005
Acres: 0.1
Heating: forced air
A/C: Central air
Water / sewer: public
Basement: Yes

Newer two story frame home built in 2005. Great front covered porch . Located on a level lot. Plenty of counter/cabinet space in the kitchen with large peninsula and double bowl stainless sink. First floor powder room. Full, unfinished basement for tons of storage space. Three bedrooms and the full bath located upstairs. See pictures for more details.

Call to visit the house at show contact info

If you are a real estate investor looking to buy and hold this property then below is some analysis:

Purchase Price: $39,900
Estimated Repairs to get highest rents: $5,000
Transfer Tax: $399
Closing Costs (sale): $798
Buyer's initial investment: $46,097

+ Monthly Rental Income: $800
- Vacancy Reserve: $80
- Monthly Real Estate Taxes: $138
- HOA Fees: $0
- Insurance: $60
- Property Management: $0
- Utilities: $0
- Reserves for Future Repairs: $80
= Net Monthly Operating Income: $442

Your Annual cash return: 11.5%

Call me to visit my house: show contact info
  • do NOT contact me with unsolicited services or offers

post id: 6863395611



best of [?]