Are you searching for a valuable investment property that promises steady income? Look no further than this charming Pennsylvania fixer upper duplex in Smock.
This fixer-upper duplex at 757 Old Route is fully rented, making it an appealing choice for savvy investors. Nestled in the tranquil town of Smock, PA, this property stands on a quarter-acre lot and is priced attractively at $40,000. With a strategic focus on potential profit and growth, this property is poised to offer significant returns.
Features and Layout of the Property
The Colonial Revival home, dating back to 1920, boasts a welcoming atmosphere with its wrap-around porch, stunning Palladian window, and a front door adorned with sidelights and a transom. Inside, the duplex contains two separate units, each featuring
- Three bedrooms
- One bathroom
- Separate utilities
- Private entrances
Both units are designed with ease of management in mind, which simplifies the landlord experience. The 2nd floor unit benefits from additional expansive space on the third floor, providing ample opportunity for renovations and enhancements. This value-add potential makes the duplex a smart buy for those looking to boost rental income.
Rural Benefits of Living in Smock, PA
Investing in this property not only provides an income-producing opportunity, but it also allows one to tap into the benefits of rural living. Smock, with a population of about 479, offers a close-knit community atmosphere, making it a desirable location for families and individuals alike. Here are some pros of living in Smock
- Affordability: The cost of living is lower compared to urban settings, making housing expenses manageable.
- Community Charm: Residents enjoy a peaceful lifestyle characterized by beautiful natural surroundings and minimal traffic congestion.
- Outdoor Activities: Nearby natural areas provide opportunities for hiking, fishing, and enjoying the great outdoors.
While rural living has numerous advantages, it’s essential to consider some aspects that may take adjusting to
- Limited Amenities: Smaller towns can lack the conveniences found in larger urban centers such as diverse dining and shopping options.
- Job Opportunities: Employment might necessitate commuting to nearby towns, as Smock has fewer local job offers.
Investment Potential and Market Trends
The affordable housing market in Smock, PA, is steadily growing, with increasing interest from potential buyers and renters alike. As urban areas continue to expand, many individuals and families are discovering the benefits of rural living. This demand creates a favorable atmosphere for rental properties, making this duplex an ideal choice for both investors seeking a solid investment property and owner-occupants.
By acquiring this fixer-upper duplex at 757 Old Route, you're not only investing in real estate but also in a lifestyle that embraces the charm of small-town living. The additional space on the third floor offers a wonderful opportunity to maximize the property's value through renovations, turning it into a lucrative asset. Renovations could include
- Upgrading kitchens and bathrooms
- Enhancing curb appeal
- Creating additional living spaces or rentals
Making the Move to Smock
If you are considering diving into real estate investment or searching for a place to call home, this property is worth your attention. For just $40,000, you get a well-maintained, easy-to-manage property that fits various lifestyles. Whether you choose to live in one unit and rent the other or rent both units, the potential for a steady income stream is substantial.
Don't miss the opportunity to invest in an income-producing property while enjoying the benefits of a peaceful, rural lifestyle in Smock. For inquiries or further information about this listing, reach out to the realtor linked below or contact your real estate agent to view this remarkable opportunity.
Invest wisely today for a prosperous tomorrow!
Brokered by EXP REALTY LLC.