Discover your next investment opportunity with this c.1920 Pennsylvania Fixer Upper Duplex For Sale on 0.27 Acre Lot $40K. Nestled in the charming community of Smock, PA, this property offers dual rental income streams from two fully rented units, each featuring three bedrooms and a bath, making it a prime choice for both seasoned investors and first-time homebuyers.
The allure of this $40,000 property lies in its potential. With some repairs needed, savvy investors can add value while benefiting from strong rental demand. The 712 Old Route duplex not only presents a promising financial opportunity but also comes with a backstory; this Colonial Revival home boasts a wrap-around porch, beautiful Palladian windows, and a front door adorned with sidelights and transoms.
Key Features of the Duplex
- Location: 727 Old Route, Smock, PA 15480
- Price: $40,000
- Bedrooms: 6 (3 in each unit)
- Bathrooms: 2 (1 in each unit)
- Exterior: Wrap-around porch, well-maintained landscaping
- Lot Size: 0.27 Acre
- Year Built: Circa 1920
This fully rented income-producing duplex provides an excellent opportunity on a quarter-acre lot. Each unit boasts three spacious bedrooms and a bathroom, complete with separate utilities and private entrances. This means managing your investment is simple and straightforward. Furthermore, the 2nd floor unit features an expansive third floor space, presenting additional potential, whether for conversions or storage needs.
Community and Lifestyle in Smock
Choosing this property means choosing community. Smock, with its quaint population of only 479, offers a serene lifestyle characterized by rural charm. Living here means embracing a lower cost of living compared to urban areas, which enhances the property’s appeal for both investors looking for rental income and homeowners seeking affordable living options.
Advantages of investing in a property in this area include
- Rural Charm: Enjoy a peaceful atmosphere surrounded by beautiful natural scenery.
- Affordability: Lower overall living costs make property ownership accessible.
- Community Atmosphere: A close-knit community provides a welcoming environment.
- Outdoor Activities: Perfect for nature lovers, with ample opportunities for hiking, fishing, and outdoor recreation.
- Less Traffic: Minimal congestion eases daily commutes.
However, it is important to consider some challenges
- Limited Amenities: Smock may not have all the conveniences of larger towns, though essential services are within reach.
- Job Opportunities: Employment may require commuting to nearby towns or cities for a wider range of job offers.
- Public Transportation: Personal vehicles may be necessary due to sparse public transit options.
- Cultural Activities: Fewer events and cultural activities may be available, appealing more to those who prefer tranquility over hustle and bustle.
- Weather: Pennsylvania experiences diverse weather, including cold winters that may not suit everyone.
This duplex stands out not just for its cost but also for its potential. With the right repairs and attention, this property can be transformed into a lucrative investment or a delightful home. The existing tenants already ensure cash flow from day one, allowing you to focus on increasing the property’s value over time.
Whether you’re an investor aiming to bolster your portfolio or a prospective homeowner looking to make an income while enjoying personal space, this duplex at 757 Old Route offers a unique opportunity you won’t want to overlook.
For anyone interested in exploring this opportunity or learning more about the property, please reach out to the EXP REALTY LLC broker whose contact details can be found in the listings.
Don’t hesitate to act—such properties do not stay on the market for long! Embrace the benefits of dual rental income and a thriving community by making this fixer upper duplex your next investment.