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3BR Home in Montgomery , PA
About This Property
The big appeal here is the existing financing + equity spread. At a $180K–$1$190,034 there’s meaningful upside after renovation. The property is currently listed around $80K, or only about $48/sq. ft., while nearby sales cited by Redfin have reached as high as roughly $176K–$1$190,034. What makes it especially attractive as a / creative finance deal is the debt: - 3.5% interest rate — extremely attractive financing to inherit versus replacing it with new investor debt. $703 — very low monthly carrying cost. ~ Contact for details–Contact for details potential rent — your Contact for details estimate already gives roughly a $597/month spread before maintenance/vacancy/management; Zillow currently estimates rent around Contact for details/month, which could make the spread even stronger after renovation. - $180K–$1$190,034 — gives an investor multiple exits: renovate and flip, renovate/refinance, or potentially hold with the existing low-rate financing. - Major systems aren't all shot — although it needs a heavy renovation, you have good reported electrical/plumbing and no known structural issues, so much of the rehab appears concentrated on finishes plus aging mechanical/roof items. - 1,661 sqft , 3/2 — solid resale/rental configuration.
Features & Highlights
Financing Details
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