132 Leneake Wilkins Twp, PA 15145
4 Beds
1 Bath
1,800 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $41
MLS Listing ID 1771000
Style Three Story
Bedrooms 4
Full Baths 1
Construction Status Resale
HOA Y/N No
Year Built 1900
Annual Tax Amount $2,667
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Single Family Residence
Property Description
Tucked privately back in the woods, the second home features 2 bedrooms and 1 full bathroom, offering a unique opportunity for additional rental income, guest accommodations, or private living space. Assuming a combined rental income of $2,000 per month, the property could generate approximately $24,000 in gross rental income annually and $240,000 over 10 years. At a purchase price of $75,000, this represents a projected 32% gross annual rental return. Over a 10-year period, gross rental income less the initial purchase price would equal approximately $165,000 in projected gain, before expenses, renovation costs, vacancy, taxes, insurance, maintenance, utilities, management, and financing. With two homes, six total bedrooms, two full bathrooms, three stories in the main home, and a private wooded setting, this property offers a rare opportunity to create substantial value. Bring your vision, complete the cosmetic improvements, and unlock the potential this property has to offer. Sold as-is.
Location
State PA
County Allegheny-east
Area Wilkins Twp
Interior
Interior Features InteriorFeatures
Heating Forced Air, Gas
Flooring Carpet, Laminate
Fireplace No
Exterior
Parking Features On Street
Pool None
Water Access Desc Public
Roof Type Composition
Building
Entry Level Three Or More
Sewer Public Sewer
Water Public
Architectural Style Three Story
Level or Stories Three Or More
Structure Type Stucco
Construction Status Resale
Schools
School District Woodland Hills
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