521 East 5th Ave.
Tarentum, PA 15084

$22,500 - REDUCED

4 unit apartment building with detached 2 car garage.

This is a 4 unit apartment building featuring three 2 bedroom/ 1 bath apartments and one 1 bedroom/1 bath apartment.  It has separated gas and electric services.  The

1 bedroom apartment is electric baseboard heat, and the rest are gas, forced air heat. 

One of the 2 bedroom units is ready to rent.  Another 2 bedroom and the 1 bedroom apartment can be rented with minimal work including wall patch, some paint, and other cosmetic items.  The fourth apartment needs some drywall hung, paint, flooring, bathroom remodeled (some supplies are on site, the kitchen cabinets are on site but need hung).

The building was broken into recently, and the copper was stolen.  It needs new plumbing in basement and some plumbing work in the units, some windows need replaced (or will need replaced in the near future), garage doors, several entry doors are also needed.

The 3 furnaces are older, but work.  They will most likely need replaced in the near future as well.

The building should bring in $1,800-$1,900 per month plus the garages can be rented separately. 

The owner pays the water/sewer and trash bill.  When renovating the property, you may be able to split the water service as well, leaving that bill for the tenants as well, but that would be your decision.

This building needs some work now, but will provide huge cash flow.

Call for more information or to set an appointment.

PRICE INCLUDES ASSIGNMENT FEE

Special Financing Available for Purchase of Both Properties:
608 & 618 Patrick St.

608 Patrick St
Pittsburgh, PA 15209
(Millvale)

4 Bedrooms

1 Bathroom 

It needs more work than the other house for sale on street.  

The copper was stolen and needs re-run. The kitchen could be replaced or re-painted. The front door needs replaced. The carpet needs a good cleaning as well. Bathroom needs small cosmetics.

There is a 1 car detached garage that needs some cleanout and repair, or tear it down for off street parking.

Owner willing to hold financing on one of the houses, if the other is bought outright.

You can purchase both of these properties, but only pay for one! A cash sale or new financing of one of the properties, payment of assignment fees, and closing costs, and owner will carry the full financing on the second house. You will need around $21,000 total to do this. We have a bid for $5,000 to make both houses rent ready. These 2 houses brought the owner $1,400 total per month in rent when last rented (section 8). Your payment for the owner financing will be around $356 per month for 4 years, and the second house would be paid in full as well. The cash flow potential is huge! Jump on this deal NOW! It will not last long.

Sales prices if sold separately are as follows:
618 Patrick: $17,900
608 Patrick: $16,900

All Prices Include Assignment Fees

Call with any questions.

Special Financing Available for Purchase of Both Properties:
608 & 618 Patrick St.

618 Patrick St
Pittsburgh, PA 15209
(Millvale)

4 Bedroom

1 Bathroom 

The first floor needs some work including:

new carpet, door, some paint and a very good cleaning or replace the kitchen cabinets.

There was some minor mold from dampness that can easily be cleaned up and fixed through some ventilation (it has been closed up for months w/ nobody living there).

The outside needs some gutter work (clogged).

The second and third floors are good. 1 window and some minor cosmetics are needed. The bathroom needs minor work as well.

Owner willing to hold financing on one of the houses, if the other is bought outright.

You can purchase both of these properties, but only pay for one! A cash sale or new financing of one of the properties, payment of assignment fees, and closing costs, and owner will carry the full financing on the second house. You will need around $21,000 total to do this. We have a bid for $5,000 to make both houses rent ready. These 2 houses brought the owner $1,400 total per month in rent when last rented (section 8). Your payment for the owner financing will be around $356 per month for 4 years, and the second house would be paid in full as well. The cash flow potential is huge! Jump on this deal NOW! It will not last long.

Sales prices if sold separately are as follows:
618 Patrick: $17,900
608 Patrick: $16,900

All Prices Include Assignment Fees

Call with any questions.

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313 Spring St.
McKeesport, PA 15132

Asking $16,500 - REDUCED

The building consists of:
Two 2 bed - 1 bath apartments
One 1 bed - 1 bath apartment

The 2 bedroom apartment should bring in $450-$500 per month plus gas and electric, while the 1 bedroom apartment should bring in $350-$400 per month. That equals between $1,250-$1,400 per month.

Owner is responsible for water bill, or split the water meters during renovations. The building needs a considerable amount of work, but will cash flow nicely.

Feel free to make an offer... owner anxious for quick sale.

PRICE INCLUDES ASSIGNMENT FEE

The owner has a mortgage on the property right now at a balance around $28,000.

The payments are $188.47 a month and after adding in taxes and insurance the monthly payment is around $275 per month.

This payment allows for a $200 per month positive cash flow!

The house is being sold "subject-to" the existing loan.  This means all you have to do is pay the closing costs and $3,000 assignment fee and it is yours.  You will take over the payments and own the house.

Please call or e-mail with any questions.

106 Solar St.
Pittsburgh, PA 15212
(Spring Hill)

$9,900 REDUCED

All-in-all this is a solid house. 

It is set up as a duplex but only has one set of utilities. The first floor kitchen is very dated, but seems to work fine.

It needs:
several windows (glass replaced), minor plumbing repairs, 3rd floor finished (drywall, paint, lighting... some supplies included in sale). 

The back porch roof will need replaced soon too (main roof is newer) and the electric is fuses, but no knob-and-tube wiring was visible.

The carpeting is dated, but seems fine for a rental.

The bathrooms, furnace, and kitchens are all dated, but in good working order.

The house could bring in about $800 in rent as a duplex, but owner would also have to charge for utilities on top of that as they would not be separated.

As a single family the house would be huge.

Kitchen and bath on first floor along with living space and a bedroom. The second floor would have another living room and bedroom. Third floor would have 2 more bedrooms, making it a 4 bedroom - 2 full bath house.

BUYER PAYS CLOSING COSTS FOR SELLER

PRICE INCLUDES ASSIGNMENT FEE

View a Few Examples

Over 300 Houses For Sale

Price Ranges - Excluding Utilities

$375 to $475 - 1 BR Apartents, Duplexes, and Houses. These units consist of 1 Br, plus many have a media room, laundry hook-ups, private yard, and equipped kitchen

 

$475 to $575 - 2 BR Apartents, Duplexes, and Houses. These units consist of 2 BR, plus many have a loft on the 3rd flor, laundry hook-ups, private yard, and an equipped kitchen

 

$575 to $695 - 2 BR Houses and Townhouses. Modern units with all amenities such as A/C, dishwasher, private garage, utility room and are located in a residential area

 

$695 to $1250 - 2 & 3 BR Houses and Townhouses. All modernamenities with one or two car garage, A/C, dishwasjer, deck, patio, spacious yard, game rroom and are located in a residential area

CALL FOR DETAILS!

You are reading this correctly, over 300 houses for sale. These are available through an owner financing program. The units are mostly in the Shaler School District or Lawrenceville section of the City of Pittsburgh. Cash down and closing costs are all that you need. Owner willing to carry financing for 15, 20, or even 30 years!!!

Houses are being sold in packages of 5 and up. All properties are in good condition, need no work and are currently rented and CASH FLOWING!!

From any property, you can be in downtown Pittsburgh in 10 minutes at most.

The houses are mostly in Millvale, some in Shaler and Etna. All of those areas are Shaler Schools. There are also properties in Lawrenceville (City of Pittsburgh). They are mostly single family houses. Some are blocks of "row houses" and some are townhouses. There are duplexes as well. The owner has a management company and maintenance in place which can stay in place if desired, and you have to do nothing.

Most of these units are free and clear, and the owner is willing to carry financing for up to 30 years.

There are several requirements:

1. Experience: the owner will only sell to an investor that has some experience with rentals.
2. Money down: the owner is selling in packages of no less than 5. This equals around a starting point of around $200,000-$225,000 per package. Owner has stated he would like around 10% down, but terms and rates are 100% negotiable. Let me know what you have to work with and we can go from there.
3. Cash is also needed for closing costs and a $2,000 assignment fee per property to Greater Pittsburgh Properties, LLC.
4. Buyer has to personally guarantee the owner financing note.

All package deals will cash flow from day one!! The amount of initial cash flow depends on the terms of the note (15, 20, or 30 years). You can sacrifice some of the cash flow now and pay them off in 15 years, or get as much cash flow now as possible and pay them off over 30 years. The choice is yours!

You will NEVER have to pull a credit report. Cash and experience and you are approved!

This is a very rare opportunity to buy quality rentals that are cash flowing and you NEVER need a bank loan. These properties have been acquired over the last 30 years, you can buy them in 30 days. Pittsburgh was recently ranked as the second most stable housing market by Forbes.com read the article for your self at:

http://www.forbes.com/2007/10/01/property-stable-homes-forbeslife-cx_mw_1001realestate.html

Rents on these units range from $375 per month for a small 1 bedroom apartment to $1,250 per month for a townhouse. The units are for sale in packages with houses in the same area or street. Owner will not sell one from this section and one from that section, etc. They all come as a pack of houses close to each other.

Please let me know if you are interested and how much cash you have to work with. We can then create a package that fits your needs and goals for your rental portfolio.

185 Brookside Ave.

Washington, PA 15301

 

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PRICE INCLUDES ASSIGNMENT FEE

608 Beech St.

Washington, PA 15301

 

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PRICE INCLUDES ASSIGNMENT FEE

Handyman Special

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Handyman Special!
1025 Hamil Rd.
Verona, PA 15147
(Penn HIlls)

Only $35,900

3BR/2.5BA

$6,000 down and 1 year seller financing on balance (Land Contract). 

Owner will carry the balance owed for one year, at 4% with payments of $300.

Comps are between $105,000 and $120,000.

House needs roof, some windows, updated kitchen and baths, carpet, drywall work,

landscape and swimming pool work.

Please call Ron with interest at 724-355-9385

PRICE INCLUDES ASSIGNMENT FEE

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225 Siegel St.
Pittsburgh, PA 15209
(Millvale)

$13,000 - New Price

1 or 2 Bedroom
1 1/2 Bathrooms
Covered Back Patio

This is a pretty solid house.

It is up in the hills of Millvale and was not affected by the flooding over the last several years. 

The outside needs minor roof, downspout, and cement work.  The inside needs paint and carpet throughout.  The kitchen needs drywall work and the floor needs replaced.  The bathroom also needs a vanity.  The house also has a fenced in back yard and a 2-car parking pad in the rear of the house.   

The owner has an after repaired value appraisal from several years ago at $45,000.  Comps for this house seem to be around 40K in today’s market.  Rents seem to be around $500 per month plus all utilities. 

This is a nice little house that would make a great rental or home for a first time homebuyer.

PRICE INCLUDES ASSIGNMENT FEE

This duplex is being offered at a price of: $60,000 purchase or $75,000 with owner financing.

The terms are as follows:

$3,750 down (5%) and the owner will finance the rest of the purchase price at 6% interest for 3 years. Your payment will be approx. $425 per month. After 3 years the new owner will have to either re-finance the house or sell it and gain the appreciation as profit.

Weather you buy it outright or take anvantage of the no bank qualifying offer there is also a $3,500 assignment fee due to Greater Pittsburgh Properties at closing.

Please call or e-mail for more information.

SOLD

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Comp's on the street are strong. The comps dating back to 2003 have a history of being higher than average comp's in Penn Hills (It is a quiet dead-end street).

Since 2003 there are 4 comps:

$123,000 (3 Bed 2.5 bath in 2003)

$121,000 (4 bed 1.5 bath in 2008...the inside of comp looked dated)

$97,500 (3 bed 2.5 baths in 2003... 1 day on market)

$115,000 (3 bed 2 full and 2 half baths in 2003)

Please call or e-mail me to set an appointment.

We will be doing an open house for this house so everybody can see it at the same time.