4 Beds
2 Baths
1,118 SqFt
4 Beds
2 Baths
1,118 SqFt
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,118 sqft
Price per Sqft $177
Subdivision None Available
MLS Listing ID PAPH2628002
Style Other
Bedrooms 4
Full Baths 1
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 1,118
Year Built 1915
Annual Tax Amount $681
Tax Year 2025
Lot Size 853 Sqft
Acres 0.02
Lot Dimensions 13.00 x 64.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
THIS TURNKEY INVESTMENT PROPERTY WAS FULLY RENOVATED IN 2023 AND IS CURRENTLY GENERATING $1,901 PER MONTH IN RENTAL INCOME. THE PROPERTY IS TENANT-OCCUPIED, PROVIDING IMMEDIATE CASH FLOW AND A STRONG ADDITION TO ANY INVESTMENT PORTFOLIO.
THE PROPERTY FEATURES 4 SPACIOUS BEDROOMS AND 1.5 BATHROOMS AND IS LOCATED IN A RAPIDLY DEVELOPING PHILADELPHIA NEIGHBORHOOD WITH STRONG RENTAL DEMAND AND EXCELLENT LONG-TERM APPRECIATION POTENTIAL.
AN ADDITIONAL BENEFIT IS THE APPROVED 10-YEAR TAX ABATEMENT WITH APPROXIMATELY 8 YEARS REMAINING, HELPING TO MAXIMIZE CASH FLOW AND REDUCE OPERATING EXPENSES FOR YEARS TO COME.
WITH A PROJECTED 10% CAP RATE, THIS IS AN EXCELLENT OPPORTUNITY FOR INVESTORS SEEKING A HIGH-YIELD, INCOME-PRODUCING ASSET. WHETHER YOU ARE A SEASONED INVESTOR OR LOOKING TO GROW YOUR RENTAL PORTFOLIO, THIS PROPERTY OFFERS RELIABLE CASH FLOW, STRONG RETURNS, AND FUTURE UPSIDE.
ADDITIONAL INVESTMENT INVENTORY IS AVAILABLE FOR PORTFOLIO OR BUNDLE PURCHASE. FINANCIALS, LEASE INFORMATION, AND SUPPORTING DOCUMENTATION WILL BE PROVIDED TO QUALIFIED BUYERS UPON SERIOUS REQUEST.
DON'T MISS THIS OPPORTUNITY TO ACQUIRE A FULLY STABILIZED, CASH-FLOWING INVESTMENT PROPERTY IN ONE OF PHILADELPHIA'S MOST ACTIVE RENTAL MARKETS WITH AN ATTRACTIVE 10% CAP RATE AND 8 YEARS OF TAX ABATEMENT REMAINING!
Location
State PA
County Philadelphia
Area 19132 (19132)
Zoning RM1
Rooms
Basement Unfinished
Interior
Hot Water 60+ Gallon Tank
Heating Baseboard - Electric
Cooling None
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 2
Foundation Brick/Mortar
Above Ground Finished SqFt 1118
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Senior Community No
Tax ID 161014200
Ownership Fee Simple
SqFt Source 1118
Special Listing Condition Standard
Nearby Locations
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