You are looking at a 2 bed/1 bath rental property on Cherry Ave. in the town of Clymer, PA. Similar 2 bedroom properties in this area are getting $500-$650/mo in rents so rents can be increased. This home has been in the family for many years and my grandfather is finally looking to sell it. If you are looking to buy a home to live in yourself, we are willing to work with you as well as investors. Highlights of the property: Roof is only 7 years old. New electrical service from pole to house. Hot water gas furnace is only 3 years old. Hot water tank is 2 years old. House was completely gutted/rewired/insulated/plastered 7 years ago. Windows are in solid condition. Laundry room area in basement with W/D hookups. Excellent Condition Overall! Small yard requires minimal maintenance year round. On Street parking. This property will be tenanted as of October 1st, 2015 for $475/month. Tenants pay all utilities. We are only asking $49,900. Make us an Offer today and add this great cashflowing property to your portfolio. With rents of $475/mo, you are looking at a NET ROI of 9%! By increasing rents to $550/mo, you would be looking at a NET ROI of 11%. Send me an email through Zillow or call me at the number listed above. We have another rental in Clymer...just a few streets away. Willing to sell both for 90k (10k total discount)...ask me about the bulk buy special. Also open to selling to an owner occupant buyer. Agents, feel free to bring your buyers to the table.
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