Collingdale Handyman

Every day I will inspect and review a property for its investment potential. My opinions are based on my 25 years as an investor, property manager and real estate broker in Delaware County PA.

Today I visited 1018 North St., Collingdale This is a 3 bedroom brick twin that is on the market for $52,900  Its a real fixer upper.  I would plan on replacing the windows, heater, and kitchen for starters. Of concern is the huge tree that dominates the back yard. There is a curb cut for the non-existent driveway. Another issue is the water in the basement.  I would plan on dropping around $20k into making this place live able. Collindgale Borough can be pretty tough on the U&O so plan an some unexpected repairs.  On the bright side, I really like the location. A quiet street, with some singles nearby. The homes nearby have sold in the low $100s, up to $140,000 for something in top notch condition.  If you have the tools, time and talent to some of the work needed then this could be something to think about (for the right price, of course).

Tomorrow, I will look at HUD house in Lansdowne….stay tuned.
I would appreciate any constructive feedback, thanks!

Wes Gerstenkorn
Broker-Owner Prudential Premier Properties (Springfield)  ,
visit  prudentialpremier.com
or contact me at
wesgerstenkorn@prodigy.net
my cell is 267-226-4267

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