c.1900 Pennsylvania Handyman Special $57K
OHU50K Notes $57,000
Here is a three bedroom, 1,5 bath Pennsylvania handyman special on a small lot. The home has a front porch, awnings, a tiled fireplace, eat-in kitchen, clawfoot tub and detached garage.
Agent Comments
Calling all investors!! Are you looking for the next tenant occupied home to add to your real estate portfolio? This is it! This two story home boasts three bedrooms and 1.5 bathrooms. As you enter the home you will view a large living area, which is able to be used for entertaining or relaxation. A spacious dining area is located off the living area and is perfect to eat in! In the kitchen you will find plenty of cabinet space and room for cooking! Upstairs there are three bedrooms, each with lots of natural lighting, beautiful laminate flooring, and plenty of space! Use these areas for bedrooms, an office, or a playroom! There are so many options! Outside is a fenced in yard to play in or for animals. A detached garage is also available for parking your vehicle or extra storage. 144k income over 10 years, ROI 152.632% (annualized 9.711%), estimated gain 87k (these numbers are estimates and not guaranteed). Don’t miss out on this opportunity to build up your portfolio!
- 3 bed
- 1.5 bath
- Build date 1900
Related: Pennsylvania townhouse for sale $60K
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
1807 Packer St, McKeesport, PA 15132 $57,000
- Contact Realtor: Ashley Knight – Realty One Group Horizon
- Google Map
- Niche
Location of This Pennsylvania Handyman Special
McKeesport, Pennsylvania, located in Allegheny County near Pittsburgh, has its own set of advantages and challenges. Like many former industrial towns in the Rust Belt, it has gone through significant economic changes over the years.
Pros:
- Proximity to Pittsburgh:
- McKeesport is located about 15 miles southeast of Pittsburgh, providing easy access to the city’s job market, cultural amenities, shopping, and entertainment.
- Affordable Housing:
- The cost of housing in McKeesport is relatively low, making it an affordable option for people looking to live near a major city. Housing prices tend to be lower than in Pittsburgh and its suburbs.
- Historical and Cultural Significance:
- McKeesport has a rich industrial history, particularly tied to steel production and the rise of the Monongahela River as a transport hub. There are local museums and historical landmarks that reflect this past.
- Riverfront Access:
- The town is located along the Monongahela River, offering opportunities for waterfront activities such as fishing, boating, and walking along the riverfront.
- Public Transportation:
- McKeesport has access to public transportation, including bus routes and the Port Authority of Allegheny County, which connects residents to Pittsburgh and nearby areas.
Cons:
- Economic Decline:
- The decline of the steel industry hit McKeesport hard, and the town has struggled with high unemployment, poverty, and a shrinking population. Revitalization efforts have been slow, and economic opportunities remain limited.
- High Crime Rate:
- McKeesport has struggled with higher-than-average crime rates, particularly in certain neighborhoods. This can be a concern for residents and those considering moving to the area.
- Aging Infrastructure:
- Like many older towns in Pennsylvania, McKeesport has aging infrastructure. Roads, public buildings, and utilities may be in need of repair, and the town may have limited resources for improvements.
- Limited Amenities and Businesses:
- While it is close to Pittsburgh, McKeesport itself has fewer businesses, restaurants, and entertainment options compared to other suburban areas. Residents may need to travel to neighboring areas for shopping or leisure activities.
- Educational Challenges:
- Public schools in McKeesport have faced challenges, including lower funding and academic performance compared to schools in wealthier parts of the county. This could be a factor for families with school-age children.
Conclusion:
McKeesport offers affordability and proximity to Pittsburgh, but it also faces significant challenges related to economic decline, infrastructure, and crime. It’s a town with a rich industrial past, but like many former steel towns, it is still seeking a path forward in a post-industrial economy.
