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favorite this post $40000 / 2br - 840ft2 - ~~ Great for a Rental Property or For you to Live in! ~~ (Middletown) hide this posting unhide

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236 Adelia St.

(google map)

2BR / 1Ba 840ft2

house

236 Adelia St. Middletown PA 17057
Price $40,000

Bedrooms: 2
Baths: 1
single family
Sq Footage: 840
Year Built: 1952
Heat: forced air

Well maintained brick ranch home in Middletown Boro. Property features 2 bedrooms, living room with built in book shelves, kitchen with all appliances, loft, full basement, paved driveway for 4 cars, and 1st floor laundry could easily be relocated to basement. Great opportunity for rentals or starter home. Good bones. See pictures for more details.

updates needed: paint, carpet, cosmetic updates, sky light repair, sum pump repair.

Call me to visit my 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: $40,000
Estimated Repairs to get highest rents: $10,000
Transfer Tax: $400
Closing Costs (sale): $600
Buyer's initial investment: $51,000

+ Monthly Rental Income: $850
- Vacancy Reserve: $85
- Monthly Real Estate Taxes: $177
- HOA Fees: $0
- Insurance: $60
- Property Management: $0
- Utilities: $0
- Reserves for Future Repairs: $85
= Net Monthly Operating Income: $444

Your Annual cash return: 10.4%

ARV: $105,000

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

post id: 6766676913

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