3 Kerr St · Burgettstown, PA 15021

$148,000

1 bd · 1.0 ba · 492 sqft · SingleFamily public records · 57 Days on market

Built 1923 7,409 sqft lot

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +12.8/30.0
• ARV discount +7.5/15.0
• DSCR +3.8/10.0
• Appreciation +3.5/10.0
• Livability +3.5/5.0
• Schools +3.0/10.0
• 1% rule +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Welcome to 3 Kerr Street. This is a fantastic opportunity to own a move-in ready home. This one bedroom residence boasts a spacious living room, a sun drenched galley kitchen and a full bath with laundry facilities. The walk out basement offers ample storage space and a garage door for convenient access. Lower level is perfect for storing motorcycles, ATV's or yard equipment. The home is nested on a generous . 17 acre corner lot. Enjoy the property as it stands or unleash your creativity to craft your dream home. The home is directly across the street from the public library and close to shopping, restaurants and the Panhandle bike trail. Being Sold As Is.

Key facts

• Brand new deck
• Fully remodeled
• Interior renovation

Tags

• FULLY REMODELED
• INTERIOR RENOVATION
• UPDATED FLOORING
• BRAND NEW DECK
• OUTDOOR SPACE
• MECHANICAL SYSTEMS UPDATED

Property features AI

Exterior

• Parking: Attached garage; Off-street parking; 2 parking spaces
• Utilities: Public water; Public sewer
• Home design: 2-story house; Resale property
• Construction: Asphalt roof
• Exterior features: Walk-up basement access

Interior

• Kitchen: Refrigerator; Stove; Some gas appliances
• Flooring: Hardwood
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating (gas); Central air conditioning
• Interior features: Kitchen island; Hardwood floors
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $148k.

Deal economics

• At list price, monthly cash flow is $-13 ($-154/yr) — negative.
• To cash-flow at today's rent, offer at most $146k (1.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $114k (23.0% below list).
• Recommended offer: $114k (23.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 69/100 on livability (#821 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools C-, amenities F, commute F.
• Burgettstown Area SD (rural): math 22% / reading 48% proficiency, ranked #411 of 539 in PA (top 76%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 46 active listings in the ZIP; 489 units permitted in Washington County in 2024 (30 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-2.9%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Washington County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 57 days — a 3% lower offer ($144k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $82k; list at $148k implies a 80% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1923 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $113,932 (23.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 57 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
3. Built in 1923 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.77% ✗
• Cap rate: 6.19%
• Cash-on-cash: -0.37%
• DSCR: 0.98
• GRM: 10.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-2.92% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -16.4%
• Equity multiple: 0.41×
• Total profit: $-24,332
• Equity at exit: $22,617

10-year hold

• IRR: -8.4%
• Equity multiple: 0.47×
• Total profit: $-22,003
• Equity at exit: $13,742

Cash invested: $41,440 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Pennsylvania: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

10-day notice; Philadelphia has eviction-court diversion + some protections; otherwise moderate.

Methodology + full state rankings →

ZIP-level market 15021

• Home prices YoY: -1.1%
• Active inventory: 46
• Price-to-rent: 10.8×

Monthly cashflow live

• Estimated rent: $1,139 medium
• Mortgage (P&I): −$776
• Tax from tax record: −$75 /mo · $901/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$239
• Net cashflow: $-13

Break-even live

Break-even rent $1,156

Max offer price $145,739

Occupancy floor 96%

Sensitivity live

Price	-10% $71	-5% $29	+0% $-13	+5% $-55	+10% $-97
Rent	-10% $-103	-5% $-58	+0% $-13	+5% $32	+10% $77
Rate	-1.0pp $62	-0.5pp $25	base $-13	+0.5pp $-51	+1.0pp $-90

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $37,000
• Closing costs: $4,440
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-21
   days on market $148,000 Active 57 DOM
2. 2026-06-18
   days on market $148,000 Active 55 DOM
3. 2026-06-17
   days on market $148,000 Active 54 DOM
4. 2026-06-16
   days on market $148,000 Active 53 DOM
5. 2026-06-15
   days on market $148,000 Active 52 DOM
6. 2026-06-13
   days on market $148,000 Active 50 DOM
7. 2026-06-12
   days on market $148,000 Active 49 DOM
8. 2026-06-09
   days on market $148,000 Active 46 DOM
9. 2026-06-08
   days on market $148,000 Active 45 DOM
10. 2026-06-08
    days on market $148,000 Active 44 DOM
11. 2026-06-04
    days on market $148,000 Active 40 DOM
12. 2026-06-02
    days on market $148,000 Active 39 DOM
13. 2026-06-01
    days on market $148,000 Active 38 DOM
14. 2026-05-31
    days on market $148,000 Active 37 DOM
15. 2026-05-09
    price $148,000 505-char remark
16. 2026-04-24
    listed $158,000 Active 505-char remark
17. 2024-04-08
    soldstatus $82,000
18. 2024-04-05
    soldstatus $82,000 Closed 664-char remark

    Show marketing remark (664 chars)

    Welcome to 3 Kerr Street. This is a fantastic opportunity to own a move-in ready home. This one bedroom residence boasts a spacious living room, a sun drenched galley kitchen and a full bath with laundry facilities. The walk out basement offers ample storage space and a garage door for convenient access. Lower level is perfect for storing motorcycles, ATV's or yard equipment. The home is nested on a generous . 17 acre corner lot. Enjoy the property as it stands or unleash your creativity to craft your dream home. The home is directly across the street from the public library and close to shopping, restaurants and the Panhandle bike trail. Being Sold As Is.

19. 2024-03-25
    status Pending 664-char remark

    Show marketing remark (664 chars)

    Welcome to 3 Kerr Street. This is a fantastic opportunity to own a move-in ready home. This one bedroom residence boasts a spacious living room, a sun drenched galley kitchen and a full bath with laundry facilities. The walk out basement offers ample storage space and a garage door for convenient access. Lower level is perfect for storing motorcycles, ATV's or yard equipment. The home is nested on a generous . 17 acre corner lot. Enjoy the property as it stands or unleash your creativity to craft your dream home. The home is directly across the street from the public library and close to shopping, restaurants and the Panhandle bike trail. Being Sold As Is.

20. 2024-03-17
    historical Contingent 664-char remark

    Show marketing remark (664 chars)

    Welcome to 3 Kerr Street. This is a fantastic opportunity to own a move-in ready home. This one bedroom residence boasts a spacious living room, a sun drenched galley kitchen and a full bath with laundry facilities. The walk out basement offers ample storage space and a garage door for convenient access. Lower level is perfect for storing motorcycles, ATV's or yard equipment. The home is nested on a generous . 17 acre corner lot. Enjoy the property as it stands or unleash your creativity to craft your dream home. The home is directly across the street from the public library and close to shopping, restaurants and the Panhandle bike trail. Being Sold As Is.

21. 2024-03-13
    listed $78,000 Active 664-char remark

    Show marketing remark (664 chars)

    Welcome to 3 Kerr Street. This is a fantastic opportunity to own a move-in ready home. This one bedroom residence boasts a spacious living room, a sun drenched galley kitchen and a full bath with laundry facilities. The walk out basement offers ample storage space and a garage door for convenient access. Lower level is perfect for storing motorcycles, ATV's or yard equipment. The home is nested on a generous . 17 acre corner lot. Enjoy the property as it stands or unleash your creativity to craft your dream home. The home is directly across the street from the public library and close to shopping, restaurants and the Panhandle bike trail. Being Sold As Is.

22. 2022-09-30
    soldstatus $64,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast PA · Partial reset (capped growth)

• Current annual tax: $901 · $75/mo
• Projected year-2 tax: $1,620 · $135/mo
• Expected delta: +$719/yr (+$60/mo · 79.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥95°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,672
• − Mortgage interest: −$8,290
• − Property taxes: −$901
• − Insurance: −$740
• − Repairs & maintenance: −$1,094
• − Management: −$1,094
• − Depreciation: −$4,305
• Taxable loss: −$2,752
• Est. tax savings @ 24.0%: +$661
• After-tax cash flow: $507/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Burgettstown Area SD
• NCES district ID: 4204500
• Math proficiency: 22% ▼ -20.00%
• Reading proficiency: 48% ▼ -13.00%
• Median HH income: $49,509
• Composite: 30.2/100
• National rank: #6310
• State rank: #411 of 539 in PA

Livability — Burgettstown

• Score: 69/100
• State rank: #821
• US rank: #8488

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment D- Housing A+ Health & safety A- User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Burgettstown, PA
• Population (ZIP): 6,775

Population outlook (Washington County) Hauer SSP2

• Today (2025): 208,060 people
• By 2030: 207,168 · -0.4%
• By 2040: 202,738 · -2.6%
• By 2050: 195,269 · -6.1%
• By 2075: 175,588 · -15.6%
• By 2100: 145,827 · -29.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Two or more races 2% Hispanic / Latino 1% Asian 1%
• Common ancestry: Romanian 9% Serbian 4% Slovak 1%
• Foreign-born: 1%
• Languages at home: 98% English-only · German/W. Germanic 1%

Political lean MEDSL · Washington

• 2024 margin: Strong R (+25.5) · D 36.9% · R 62.4%
• 2008→2024 swing: -20.8pp toward R · 2008: -4.7pp · 2024: -25.5pp
• All cycles: 2024: R+25.5 2020: R+22.8 2016: R+25.3 2012: R+13.3 2008: R+4.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -2.92%
• Current HPI: 258.4607
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.68%
• F500 in state: 34

Industry mix (Fortune 500 HQ in PA)

Industry	F500 HQs	Revenue
▸Healthcare	2	$309B
▸Insurance	2	$27B
▸Telecommunications / Media	1	$124B
▸Industrial Distribution	1	$22B
▸Financial Services	1	$20B
▸Chemicals / Materials	1	$18B

Price history

+129.5% since first listed

8 events — show timeline

• 2026-05-09 Price Changed $148,000 West Penn MLS
• 2026-04-24 Listed $158,000 West Penn MLS
• 2024-04-08 Sold (Public Records) $82,000 Public Records
• 2024-04-05 Sold (MLS) $82,000 West Penn MLS
• 2024-03-25 Pending — West Penn MLS
• 2024-03-17 Contingent — West Penn MLS
• 2024-03-13 Listed $78,000 West Penn MLS
• 2022-09-30 Sold (Public Records) $64,500 Public Records

Property tax history

+2.6%/yr

Latest (2026): $901 · +3.8% YoY. Source: county tax records.