Huge, renovated and ready for rent as 9% with potential for increase in value in South Bethlehem

  • Huge, renovated and ready for rent as 9% with potential for increase in value in South Bethlehem

    Posted by Dror Gliksman Gliksman on June 14 at 22:48

    A large residential house in a developing part of the city, all the indications show that the prices in the area are about to jump. It is time to invest and get well returns.

    Bethlehem and Pennsylvania

    Prices in the southern part of the city are beginning to move north quickly, so we also bought and rented 2 houses there in recent months and already saw an increase in value of 20% before Reifins.

    The property is empty, after extensive renovation and ready for marketing for rent, there is no need to do anything about it (maybe replace a dryer and washing machine).

    Details:
    A private house in a total of 8 rooms, of which 5 bedrooms, 1 bathroom in the basement, 1970 sq.m., large garden and basement, renovated infrastructure, original wooden floor. 

    Advantages
    Spacious house in excellent condition after renovation - watch the video, and ready for rent. New kitchen, infrastructure - sewer, electricity, water heater and renewed heating system, excellent location on a quiet and central street. 

    Disadvantages
    The property went on the market today and will not wait for anyone. A competitive situation is likely in which a number of offers will be received from investors during the weekend.

    Asking price: $ 105,000
    Offer recommendation: $ 99,000
    Net ROI estimate as 8.9%

    The house is offered for sale from an investment company that we have already purchased from the company and represents a significant discount in relation to the market price.

    Attractive opportunity, must act and submit an immediate offer.

    .

    Map

    Between Lehi University and the Great St. Luke's Medical Center. Within walking distance of the boiling part of the city, restaurants, cafes, shopping malls, the historic area and parks, exit to major transport arteries. 10 minutes from Alentown, an hour and a half from New York City, an hour and a quarter from Philadelphia.

    Submit an offer as soon as possible

    Sheryl: + 1-267-7558572
    Dror: + 1-267-7558571

    Dror Gliksman Gliksman replied 4 years, 9 months ago Members 2 · 7 Replies
  • 7 Replies
  • Lior Lustig

    Member
    June 14 at 22:53

    Hey Dror. Can I buy with a mortgage?

  • Dror Gliksman Gliksman

    Member
    June 14 at 23:05

    Hi, the theoretical in this property is no limit but it will greatly weaken the offer.

  • Dror Gliksman Gliksman

    Member
    June 14 at 23:13

    After clarification: a proposal with a mortgage is indeed possible, but the probability that you will compete against cash offers is worth submitting on a higher amount.

  • Lior Lustig

    Member
    June 15 at 08:00

    Come on. Let's send an offer. 

    How much is the property leased?

    Can put the video here?

  • Lior Lustig

    Member
    June 15 at 08:02

    Is there a management company in place?

    What is the cost of the property?

  • Lior Lustig

    Member
    June 15 at 08:02

    Is there a management company in place?

    What is the cost of the property?

  • Dror Gliksman Gliksman

    Member
    June 16 at 23:42

    Hi Lior, a few suggestions have already been sent. thank you for your interest. We will respond immediately to the next property.

    -sparrow

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