1809 Cornell, McKeesport, PA 15132
Local realty services provided by:ERA Johnson Real Estate, Inc.
Listed by: jessica payne
Office: coldwell banker realty
MLS#:1771110
Source:PA_WPN
Price summary
- Price:$24,000
- Price per sq. ft.:$23.44
About this home
CALLING ALL INVESTORS, CONTRACTORS & REHABBERS! Excellent opportunity to bring this property back to life. This 2-bedroom, 1-bathroom, 2-story home offers great bones and tremendous potential for an investor or contractor looking for their next renovation project. A full renovation is needed, providing the opportunity to customize the property, add value, and create a desirable rental or resale property.
At a projected rental rate of $1,000/month, the property could generate approximately $12,000 in gross annual rental income or $120,000 over 10 years. At a purchase price of $27,000, this represents a projected 44.4% gross annual rental return. Based solely on projected gross rental income less the $27,000 purchase price, the estimated 10-year gain would be approximately $93,000, before accounting for renovation costs, property taxes, insurance, maintenance, vacancy, utilities, management, financing, and other expenses. Whether you’re an experienced investor, contractor, or rehabber looking for your next project, this property offers an affordable entry point with excellent potential and great bones. Bring your vision and transform this property into a profitable investment. Property is being sold as-is. This property can also be sold with other properties in the McKeesport area. These properties are subject to offer, allowing the buyer to take over the current loan....
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Home facts
- Year built:1895
- Listing ID #:1771110
- Added:73 day(s) ago
- Updated:November 04, 2026 at 12:38 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Carpet, Vinyl
- Basement:Yes
- Living area:1,024 sq. ft.
Heating and cooling
- Heating:Gas
Structure and exterior
- Roof:Asphalt
- Year built:1895
- Building area:1,024 sq. ft.
- Lot area:0.03 Acres
- Construction Materials:Frame
Utilities
- Water:Public
Finances and disclosures
- Price:$24,000
- Price per sq. ft.:$23.44
- Tax amount:$546
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