Another character has joined the ranks!
He’s here to discuss the “gravity of the situation” (yuk yuk)
Professor CashFlow!
(this isn’t actually him, he’s kind of too ugly for pictures but still wicked smaat)
And he just wanted to make you aware of this opportunity that has to do with, what else, STUDENT HOUSING!
Professor. Student. Get it?
Geez, whose apple has to get polished around here to get an HBO special?!? Don’t answer that.
Here’s THE DEAL!!!
5048 Cedar Ave. Philadelphia PA 19143
University City area
Legal Triplex zoned twin house, 1 2bed & 2 1bed units.
Needs roughly 70k rehab,
Short sale JUST approved by bank
Appraisal just came in at 290k
Only 135k!!!
(CURRENTLY ON TREND FOR 149.9K BUT WE CAN GET IT GUARANTEED FOR 135K FIRM.
For all of you who want to get into student housing, here’s something you can get into!
Look, it’s already framed out, all new windows, electrical, a lot is already done for you!!
Here’s the video tour!
Here’s the map!
Some Comparables.
TREND
2. 5036 Catharine St 0.1 4/30/2009 4/29/2009 $290,000 $128 2,250 / 0 STL
3. 812 S 51st St 0.2 7/8/2009 5/27/2009 $195,000 $112 1,728 4/1 0 STL
4. 438 S 49th St 0.2 6/18/2009 6/12/2009 $235,000 $136 1,720 4/1 0 STL
5. 5028 Pine St 0.2 6/18/2009 3/3/2009 $264,500 $124 2,125 6/1 0 STL
6. 320 S Saint Bernard St 0.3 6/8/2009 6/8/2009 $305,500 $158 1,924 4/1 0 STL
Low Sales Amount: $195,000 Earliest Record Date: 4/30/2009
Median Sales Amount: $235,000 Latest Record Date: 7/8/2009
High Sales Amount: $305,500 Median Price/Sq Ft: $124
ZILLOW
4930 Larchwood Ave$130,000 04/02/2009 4 2.0 1,536 2,178 1924 $211 0.20
4902 Cedar Ave # 1B$243,000 06/15/2009 2 1.0 1,185 – 1900 $205 0.22
705 S 51st St $269,900 05/28/2009 – – 1,752 1,316 1925 $154 0.10
5019 Hazel Ave $180,000 10/29/2008 – – 2,544 2,200 1925 $70 0.10
4944 Larchwood Ave$218,000 06/17/2009 4 1.5 1,686 87,120– $129 0.17
4925 Larchwood Ave$290,000 06/23/2009 3 2.0 1,536 87,120– $188 0.22
CA$H, GOLD OR CRUDE OIL!!!
THIS HAS TO CLOSE ON OR ABOUT OCTOBER 15TH!
That’s it, I gotta get back to class before the Professor chucks that apple at me for being late. C-Ya!
