Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1915
Sq.Footage
2,368
Seller and Listing Broker have an active listing agreement in place. Please do not call Seller directly. Invest in your future in this cash-flowing triplex in the popular Italian Market neighborhood of Philadelphia. The owners are ready to retire and pass on their success to you. Make your first investment an “easy win". The building was renovated recently, so you won’t have to worry about making changes after you buy. Additionally, there’s potential to increase your earnings by renting out extra storage space in the basement to tenants or a local individual who needs additional storage (or use it for yourself!). Each unit pays for its own gas and electricity (separate utilities & mechanicals- yea!). The landlord only pays for water for the two buildings and the common electricity. The building is equipped with the required fire alarm system, has legal triplex zoning, and holds active rental licenses and Lead-Safe Certificates from the city. Gross rent is $6100/mo for two 2-bed/2 bath flats and one 1-bed/1 bath flat starting on 7/1/2025 (that's up $400/mo from the current rents). The third floor has a private roof deck, and all units have central air and in-unit laundry. The opportunity here is perfect for the savvy investor!
Features & Amenities
Interior
-
Total Bedrooms
5
Area & Lot
-
Lot Size(acres)
0.03
-
Property Type
Residential Income
-
Architectural Style
Traditional
Exterior
-
Garage
No
-
Parking
On Street
Financial
-
Sales Price
$875,000
-
Tax Amount
5089.0
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA dues:
$
Total loan payment:
$
Total interest amount:
$
Location
County
PHILADELPHIA
Elementary School
FANNY JACKSON COPPIN
Middle School
FANNY JACKSON COPPIN
High School
FURNESS HORACE
Listing Courtesy of Stacy L Sanseverino , KW Empower
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Be the First to Know About New Listings!
Let us tell you when new listings hit the market matching your search. By creating a FREE account you can:
-
Get New Listing Alerts by Email
We will notify you when new listings hit the market that match your search criteria. Be the first to know of new listings!
-
Save searches
Save your favorite searches with specific areas, property types, price ranges and features.
-
Save Your Favorite Listings
Save an unlimited number of listings on our site for easy access when you come back. You can also email all of your saved listings at one time.
