$45,000
Fairbank Pa Investment Property – 2 Bed, 1 Bath, 1,318 Sq Ft
124 Moore Ave New Salem Pa 15435, New Salem Fairbank, PA 15435
Property overview
Property overview
This 2-bedroom, 1-bathroom single family home is located in Fairbank, Pennsylvania, and is priced at $45,000. It features approximately 1,318 square feet of living space on a 9,583 square foot lot. The transaction requires a cash buyer, and owner financing is not available.
Who it fits
- Renovation investors: The property is offered as a cash-purchase renovation project built in 1900 with potential for resale.
- Rental property investors: The home offers a 2-bedroom layout and low annual taxes for investors looking to add a rental unit to their portfolio.
Neighborhood notes
- Located in Fairbank, Fayette County, Pennsylvania.
Rental outlook Estimate
Long-term rental rates will vary based on post-renovation condition; buyers must verify potential rental rates using current local rent comps.
Rough estimate only. Verify with local rent comps.
Buyer questions
What purchase terms and closing timeline are required?
The seller is seeking a cash buyer with a closing timeframe of 7 to 10 days at an investor-friendly title company.
Does the property include a garage?
Yes, the property includes a detached garage.
What are the annual property taxes and HOA fees?
Annual property taxes are approximately $916, and there is no monthly HOA fee.
What type of heating system is installed?
The home is equipped with forced-air heating.
About this home
Investment opportunity at 124 Moore Ave, Fairbank, PA 15435, in Fayette County. The property offers 2 bedrooms, 1 bathroom, approximately 1,318 sq ft of living space, and a 9,583 sq ft lot. Built in 1900, this home may be suitable for an investor looking for a renovation project, rental property, or resale opportunity. Property details: * 2 bedrooms / 1 bathroom * Approximately 1,318 sq ft * Approximately 9,583 sq ft lot * Detached garage * Forced-air heating * Annual property taxes: approximately $916 End cash buyer needed Or investors Closing at investor friendly title 7 to 10 days
Ways to buy this home
Cash purchase
- Close as fast as the title company allows
Property details
- Property type
- single family
- Bedrooms
- 2
- Bathrooms
- 1
- Square footage
- 1,318 sqft
- Year built
- 1900
- Lot size
- 9,583 sqft
- HOA / mo
- $0
- Annual taxes
- $916
- Price per sqft
- $34
Monthly carrying costs
- Property tax / mo
- $76
- HOA / mo
- $0
Affordability
To comfortably afford this home (20% down, 7% rate, 30-yr fixed, 28% DTI), you'd need roughly $10,265 in annual household income.
Features
- Detached garage
- forced-air heating
- stucco exterior
- 2 bedrooms
- 1 bathroom
- 1
- 318 sq ft
- 9
- 583 sq ft lot
- renovation opportunit
Location
Approximate location, exact address shared by the seller.
Questions & answers
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