Courtesy of: Stephen Krynock, Castle Gate Realty, Callcgr@gmail.com
Courtesy of: Stephen Krynock, Castle Gate Realty, Callcgr@gmail.com
$62,000
|
3 bed
|
|
1.00 Bath (1 Full)
|
|
Lot: 0.03 Acres
|
|
Other
|
$62,000
102 S HICKORY Street Investment or DIY Opportunity - 3BR, Yard, Rec Room Attention Investors and DIY Enthusiasts! This 3-bedroom property presents the perfect opportunity to increase your ROI through cosmetic or full renovations. With strong rental demand in the area and excellent structural bones, this property is a value-add play waiting to be unlocked. 3 Spacious Bedrooms - versatile layouts for tenants or resale. Living Room & Dining Room - functional footprint ready for modernization. Full Bathroom - upgrade potential for modern finishes and increased rentability. Rec Room - bonus space for tenant appeal, or conversion into office/flex use. Nice-Sized Yard - attractive for families and long-term tenants, with room for outdoor improvements. Investment Highlights: Value-Add Potential: Cosmetic upgrades (flooring, paint, kitchen, and bath updates) could significantly increase market rent or resale value. ROI Growth: Based on current rental comps, this home could generate solid cap rates post-renovation. DIY Friendly: A manageable scope for owner-occupiers who want to build sweat equity. Rental Demand: Area vacancy rates remain low; updated units move quickly. Technical Considerations: Mechanical Systems: Existing utility infrastructure in place Layout: Traditional floor plan with solid load-bearing walls, allowing selective updates without structural overhauls. Exit Strategies: Buy-and-hold rental, BRRRR method (Buy, Rehab, Rent, Refinance, Repeat), or fix-and-flip resale
Courtesy of: Stephen Krynock, Castle Gate Realty, Callcgr@gmail.com
Copyright © 2025 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.