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Discover this outstanding investment in Lower Moyamensing! This property offers four, fully rented, turnkey units across three addresses, presenting a versatile and profitable opportunity. Currently earning over $61,000 in gross annual income, with a 6.7% Cap rate, this property is an excellent addition to any investment portfolio. The property includes three 800 SF, 1-bedroom, 1-bathroom residential apartments, each equipped with in-unit washer and dryers. Additionally, a 2,000+ SF Commercial Garage space is occupied by a local sign company, ensuring extra steady income. Beyond its investment potential, consider transforming this property into your dream mansion with parking! Located in bustling Lower Moyamensing, it provides proximity to all the restaurants and stores along Passyunk Ave, and SEPTA. Act quickly to explore this versatile property in Lower Moyamensing. Whether you're an investor or seeking your ideal home, this opportunity won't last long. Contact us today to schedule a viewing!
Property Type(s):
Single Family
| Last Updated | 2/5/2024 | Tract | LOWER MOYAMENSING |
|---|---|---|---|
| Year Built | 1925 | Community | 19148 (19148) |
| County | PHILADELPHIA |
SCHOOLS
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|---|
| High School | SOUTH PHILADELPHIA |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | 19148 (19148) |
| BUYER'S BROKERAGE COMPENSATION | 2.75 |
| HEAT | Electric, Forced Air, Natural Gas |
| LOT | 2614 sq ft |
| PARKING | On Street |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Converted Dwelling, Other |
| SUBDIVISION | LOWER MOYAMENSING |
| TAXES | 12333 |
| UTILITIES | Cable Available, Natural Gas Available |
| WATER | Public |
Location
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Listing provided by OCF Realty LLC - Philadelphia
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
2024 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 5/19/24 12:58 PM PDT
This IDX solution is (c) Diverse Solutions 2024.
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