Serious buyers only! No owner financing. No rent to own. This house will not last. This house was fully renovated in 2006. $50,000 worth of renovations. Everything was totally gutted to get rid of the plaster and wood molding that might of had paint that contained lead based paint. Low maintenance brick exterior. Big bow window right out front. The renovations in 2006 included in the full gut: carpet and tiled floors, windows, int/ext doors, kitchen, 1.5 baths, drywall throughout, wood molding throughout, roof was in good condition and coated at that time, all new electrical (line drop, meter box, breaker box and all wiring), plumbing all copper supplies and pvc drains, heater (furnace hot air), central air, new duct work and new hot water heater. All of the renovations were done with top quality workmanship. This is truly a turn-key investment property. This investment is perfect for a high income individual looking for a tax shelter or an investor looking for a 1031 Exchange or an investor looking for a turn key property with excellent workmanship. There are 5 other properties in Chester for sale in the same great condition and with long term tenants already in place. This Section 8 tenant moved in this house on 9-25-06. Property Maintenance grass and snow are the tenants responsibility. INCOME: Rent monthly $575.00 Rent annually $6,900.00. The tenant is an elderly woman and has been there since the total rehab in 2006. That reflects why the rent is low. The building is in very good condition and could easily get $850.00 per month. We have another house at 3364 Carter Lane that gets $850.00 per month. EXPENSES: Taxes: $1,639.78 Sewer: $97.10 There are 5 other properties available in Chester that can be bought separately or as a package. Other properties available are: 1131 Potter St, 322 Engle St, 1335 W. 7th St, 3364 Carter Ln and 2403 Bethel Rd. Please, serious inquires only.
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