500 W Penn St, Butler, PA 16001

4 beds1 bath-- sqft Edit

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Off Market
Zestimate®: $74,644
Rent Zestimate®: $905/mo
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

A Rent Zestimate® is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property.

My Notes

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LANDLORDS!! Your next rental property is right here. Excellent Cashflow potential! Good location, your tenants will love walking to Memorial Park, quick hop to the YMCA as well. All good for tenant retention. Take a peak at those cash flow numbers at the bottom. This property does need a full interior renovation. Exterior is in good shape, roof, windows are good, just some landscaping for curb appeal and a good bath to clean up the siding, paint both porches and your done. Inside needs, furnace, plumbing, new bath, kitchen, patching, carpet, paint, light fixtures, ceiling fans, outlets and switches and thats about it. Cant beat the CASH FLOW and a lot of EQUITY. CALL TO SCHEDULE A WALKTHROUGH TODAY.Excellent CashFlow potentialRent Range: $800-$850/monthGross Yearly Rent: $9,600-$10,200Current Taxes: $980/yearEstimated Insurance: $350/yearEstimated NET Cashflow: $689.16/monthEstimated Repairs: $35,000Estimated Total Investment: $58,000Estimated Appraisal: $90,000Potential CapRate: 14.3%HAVE ALL YOUR MONEY BACK IN 6 YEARS OR LESS!! :)CASH OR PRE-APPROVED HARD MONEY BUYERS ONLY!! NO OWNER FINANCE AVAILABLE OR RENT TO OWNPrice Includes Release Fee.Click Here to Sign up to our VIP Buyers List*Earnings Disclaimer*-Potential profits are in fact just that potential!! Any information provided as to repairs, property value, estimated rents are for educational purposes only. As we strive to bring you great investment properties, YOU are strongly encouraged to due your own due diligence. As with anything in life, potential profits are NOT guaranteed, by anyone for any reason, at all.-  More Less 

Facts

  • Single Family
  • Views: 1,536 all time views

    Features

    • Deck
    • Lawn
    • Parking: On street
    • Patio

      Additional Features

      • Living room

      Room Types

      • Dining room

      Other

      • Zillow Home ID: 2106066701

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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      $74,644
      -$51 Last 30 days
      $66K
      $83K
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $905/mo
      -$4 Last 30 days
      $760
      $1.6K
      Zestimate range

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      Popularity on Zillow

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      1,536 all-time views
      of this home (chart)
      85 forecasted views of this home
      in the first 7 days after listing for sale
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      Comparable Homes

      Homes like this sold for $60-90K.

      $50K
      $100K

      Mortgages

      Neighborhood: 16001

      Zillow predicts 16001 home values will increase 1.7% next year, compared to a 1.6% rise for Butler Township as a whole.

      Foreclosures will be a factor impacting home values in the next several years. In 16001, the number of foreclosures waiting to be sold is exactly the same as for Butler Township, and 99% lower than the national average.

      Learn more about forecast calculations or 16001 home values.
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      Nearby

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        Nearby Schools in Butler Township

        GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org