Tunkhannock PA Real Estate – who would have ever thought I would have found a cheap home for sale in Tunkhannock PA. Until 3 days ago, I didn’t know a single thing about Tunkhannock PA Real Estate but very soon found out that this has good rental potential.
Now, since this is a real estate investment is in Wyoming County PA, it’s not going to appeal to most York County investors so I’ll make this one short and sweet. Basically I have a contract on a property in Tunkhannock PA near Scranton PA. What attracted me to this property was the fact that cheap homes in this area have great rental rates.
You could easily rent this place for like $800-$1100 month since it’s a single family home. 1 bdrm apartments are renting for $800 in this area.
Why so much? Well…this area is gas/shale/oil country and unless you’ve been living under a rock, you realize that the marcellus shale region has a huge boom in jobs. There’s a lot of people who have moved up there with jobs and now they need places to live.
AND it’s typical to have “Gas Leases” on properties in the area too.
Local gas companies who are drilling in the area basically will pay you to use their land. Sometimes you hit gold when this happens but it’s hit or miss.
Either way, the property has some good rental potential for sure.
SUPER CHEAP PRICE OF ONLY…
$45,000 even though the value of the home fixed up is around $90,000
ADDRESS OF PROPERTY
6 StoneCrest Lane or Road (it’s just off Stonecrest Road)
Tunkhannock, PA 18657
WHAT YOU SHOULD DO NOW
Check out the VIDEO above now and get in touch if you’re ready to pick up a home for $45,000 with the rental potential of $800-$1100/month.
Cost of living is cheap up there. Property has a well and septic system so no utility costs there!
I hope you enjoy this even though it’s not part of Homes in York PA for Sale!