OfferMarket

298 Lackawanna Ave, Owego, NY 13827, USA

$199,999

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OFFERMARKET EXCLUSIVE LISTING

Brand new, fully renovated turnkey residence or rental property -- your choice! Multiple renters have reached out to express interest in renting the house at $1,900 / month. Seller is a professional property manager and has offered to have the property leased for buyer to start collecting rent at closing.

Complete remodel will be completed September 2021

  • new heating unit
  • new hot water heater
  • new insulation
  • new cabinets
  • new flooring
  • new countertops
  • new appliances
  • new siding
  • new PEX plumbing
  • new bathrooms

Comps

  • 134 Brainard St (3BR/2BA, 1878 SF, sold 4/26/21, $290,000)
  • 45 Rebecca Dr (3BR/2BA, 1812 SF, sold 6/18/21, $215,000)
  • 325 Main St (3BR/1.5BA, 1152 SF, sold 3/4/21, $255,000) 

Financing options

  • Cash, no contingencies, AS IS (preferred)
  • Conventional loan
  • 50% cash, 50% seller financing for up to 10 years

Buyer's Agents

  • Submit offer (button above) and indicate how you would like your commission to be paid
  • Seller may ask for an adjustment to your commission or offer price

Rental Investors

  • Multiple renters have reached out to express interest in renting the house
  • Market rent is estimated to be $1,900 / month
  • Seller is a professional property manager and has offered to have the property leased for buyer to start collecting rent at closing.
Loan Type Rate Points Term

DSCR ("Rental")

6.5% - 8% 0.5 - 2 30 year

Fix and Flip ("Bridge", "Hard Money", "Fix and Rent", "RTL")

10.75% - 12% 1 - 2 6 - 18 months