South Connellsville, PA 15425, USA

Wholesale deal under extended contract with seller. Please email to set up call with. MANY MORE PICTURES AVAILABLE. STREET VIEW ON OFFERMARKET IS NOT CORRECT ADDRESS. Fully inspected 08/06/2025: report available with 360 interior and exterior views, as well as drone camera of entire property - for POF/C qualified buyers. Not a not a total rehab, but needs a decent amount of (mostly aesthetic) attention. I would've bought this property myself already if it was geographically possible to complete the project on my own. Cash only. Asking $62K / $46.91 per sqft. Needs assessment: HVAC repair/ possibly replace, Roof repair (not new roof), needs new kitchen appliances (all), needs new washer/dryer, may need/want new kitchen counter - cabinets need aesthetic attention, minor electrical attention, paint - both interior and exterior, some drywall, 2 new windows, possibly new floors, new appliances, landscaping (really not extensive or restructuring whatsoever), no mold, no radon, no asbestos, no pest, foundation and frame seem perfectly intact. Property highlights: Larger lot for the area, house needs aesthetics and landscaping mostly, detached garage with private parking in the rear of property. Property age: built 1890. Estimated investment to rehab: $38K - using the numbers I would use to rehab this on my own. Estimated ARV: $150K to $185K - Comp’s used (all are good close comparisons, only one ideal by Bed(3)/bath(1)/sqft(1320)): Comps used provide in pictures - see comp's used to calc ARV. Estimated present value as is online: $88K (doubtful this is accurate). Age of home: 125 years. Estimated average sale price ARV of $165,000.00. Estimated project timeline: 1 month, 45 days max. Estimated time to sell at max ARV: 3 to 5 months. Estimated annual insurance cost: $1,500.00. Estimated annual property taxes: $800.00. Estimated upkeep annual: $1,000.00. TIU annual total TIU: 3,300.00. Total monthly TIU: $275.00. Estimated average ARV/Sale price: $165,000.00. 360month/30 year mortgage at 6.75% APR for $165,000.00, no down payment: $1,070.19/mo. Estimated Median Income in 15425 zip code: $46,300.00. 35% DTI for mortgage threshold: $16,205/annual - $1,350.41/mo. Mortgage monthly payment (PI): $1,070.19. Estimated monthly TIU: $275.00. Monthly payments adjusted for PITIU (PITIU): $1,345.19/mo. (BELOW 35% DTI for mortgage qualification threshold). Estimated project cost/investment: $100K. Estimated ARV/Sale price: $165K. Estimated profit: $65K.