302 Arcadia Rd, Cherry Tree, PA 15724

Address: 302 Arcadia Rd, Cherry Tree, PA 15724 ($90k Value) 5bd/2ba Fixer Upper Home with Garage & Private Off-Street Parking PLEASE DO NOT TRESPASS ON THE PROPERTY. CONTACT US FIRST FOR PERMISSION. Only asking $9,999 giving you up to $80,000+ in potential cash equity in your pocket. Text only (no calls): TBA Background: Located in the borough of Cherry Tree PA, this fixer upper home is surrounded by friendly locals and located 1.5hrs away from Pittsburgh PA, 2hrs from the Pittsburgh International Airport (PIT), and 30mins from Indiana University of Pennsylvania. This is an approximate 2,120sqft 2-story building sitting on approximately 6,970sqft of land. Condition: The property has good bones but will need to be gutted along with new flooring, drywall, and exterior sidings. The front garage addition is dilapidated as seen in the photos. It can be detached from the house and torn down. The house itself is in solid shape with no major issues. Occupancy: This property was last occupied around 2019. Utilities: The electricity, water, and gas are currently turned off. So, the utility condition is unknown until they are turned back on. Septic tank condition is unknown. *Sewer source is via septic tank. Roof/Foundation: The roof is in overall solid shape with no major leaks. The foundation appears to be in overall solid shape as well. Value/Rent: Median home listing prices in this city is around $127,552 per Zillow. The property county assessed value is $53,700 and the after-repair market value (ARV) is around $90,000. Rent prices for 3-bedroom homes in the area are around $1,500+/mo on average. Taxes: Low affordable property taxes so you can renovate at your own pace. Annual county property taxes approximately $832/yr. Title: The property is sold free and clear via special warranty deed. The winning bidder will receive the deed to the property in their name with 100% ownership. Buyer is responsible for any Borough/Township requirements such as occupancy permits, rental permits, smoke/dye tests, etc. Closing: This property was recently purchased free and clear of mortgages, liens, judgements, and back taxes at a county tax sale auction. Price/Closing: For this home, we're only asking $9,999 plus $1,200 for closing = $11,199 NO SELLER FINANCING Questions: Feel free to contact us anytime for any additional questions.