1809 Cornell, Mckeesport, PA 15132
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1809 Cornell, Mckeesport, PA 15132
1809 Cornell, Mckeesport, PA 15132
1809 Cornell, Mckeesport, PA 15132
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Listed by COLDWELL BANKER REALTY
$ 27,000
Est. payment /mo
New

1809 Cornell Mckeesport, PA 15132

2 Beds

1 Bath

1,024 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,024 sqft

Price per Sqft $26

MLS Listing ID 1771110

Style Two Story

Bedrooms 2

Full Baths 1

Construction Status Resale

HOA Y/N No

Year Built 1895

Annual Tax Amount $546

Lot Size 1,437 Sqft

Acres 0.033

Property Sub-Type Single Family Residence

Property Description

CALLING ALL INVESTORS, CONTRACTORS & REHABBERS! Excellent opportunity to bring this property back to life. This 2-bedroom, 1-bathroom, 2-story home offers great bones and tremendous potential for an investor or contractor looking for their next renovation project. A full renovation is needed, providing the opportunity to customize the property, add value, and create a desirable rental or resale property.
At a projected rental rate of $1,000/month, the property could generate approximately $12,000 in gross annual rental income or $120,000 over 10 years. At a purchase price of $27,000, this represents a projected 44.4% gross annual rental return. Based solely on projected gross rental income less the $27,000 purchase price, the estimated 10-year gain would be approximately $93,000, before accounting for renovation costs, property taxes, insurance, maintenance, vacancy, utilities, management, financing, and other expenses. Whether you're an experienced investor, contractor, or rehabber looking for your next project, this property offers an affordable entry point with excellent potential and great bones. Bring your vision and transform this property into a profitable investment. Property is being sold as-is.

Location

State PA

County Allegheny-east

Area Mckeesport

Interior

Interior Features InteriorFeatures

Heating Gas

Flooring Carpet, Vinyl

Fireplace No

Exterior

Parking Features On Street

Pool None

Water Access Desc Public

Roof Type Asphalt

Building

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Two Story

Level or Stories Two

Structure Type Frame

Construction Status Resale

Schools

School District Mckeesport Area


West Penn MLS (WPMLS)

NEARBY SCHOOLS & PROPERTIES

Kevin Shaner
Kevin Shaner

Team Lead / Realtor RSRS228684

+1(412) 576-5689 | kevin@kevinshanerrealestate.com

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1809 Cornell