Clarks Summit PA | Lackawanna County | Single Family
Starting Price: 199,900
Property Taxes: 1,873.93
3 Bed / 2 Bath
2,592 Sq Ft
1.10 Acres
Vinyl Siding
Full Basement
Baseboard Heating
2-Car Attached Garage
Public Water & Sewer
Must Close in October*
ARV: 465,000
Comps:
1307 Oakmont Road Clarks Summit PA - Sold 505,000
415 Clark Avenue Clarks Summit PA - Sold 446,000
1200 Merion Circle Clarks Summit PA - Sold 435,000
+ Deal Summary:
This Clarks Summit single-family presents a strong value-add opportunity for investors, with a potential $265,100 gross value spread between the $199,900 starting price and the estimated $465,000 ARV, before renovation and holding costs. The property offers 3 bedrooms, 2 bathrooms, approximately 2,592 sq ft, and sits on a generous 1.10-acre lot, providing plenty of space and flexibility for a high-end renovation or long-term rental strategy. Must close in October. A full basement, 2-car attached garage, baseboard heating, and public water and sewer add functionality and appeal. Recent comparable sales support the projected value, including nearby properties that sold for $505,000, $446,000, and $435,000. With its desirable Clarks Summit location, substantial square footage, acreage, and strong resale potential, this property offers investors multiple exit strategies through a fix-and-flip or long-term rental.
*Remember, you miss 100% of the shots you don't take, so don’t hesitate to submit that offer!*
OCCUPANCY STATUS:
Occupied
SHOWINGS AVAILABILITY:
Upon Request
SHOWING TYPE:
Hosted
🏷️ Financing is Either Cash or Hard/Private Money*
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