Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
N/A
PROPERTY IS BEING OFFERED AS A PACKAGE WITH 5236 W JEFFERSON ST. AND 1672 N WILTON ST. PLEASE INQUIRE FOR PACKAGE INFORMATION. PACKAGE IS OFFERED AT $749,000 WITH GREAT INVESTMENT RETURN. 5236 W Jefferson St., 1728 N Wilton St., and 1672 N Wilton St. are being offered together as a package deal. All three properties are 3 bed/1.5 bath and have been fully gutted and remodeled (pictures/videos and receipts of work are available upon request). No expense was spared on these renovations - fully waterproofed basements with new slabs, all new mechanicals, framing, insulation, drywall, etc. These properties will be able to easily provide steady income for the next 30 years. Total Gross Income for the three properties is $6,090 per month. These rents are covered by PHA Section 8, with newer leases. 5236 Jefferson St. has another entire year left on its lease, and both properties on Wilton St. have nearly two years left on their lease. PHA is paying over 90% of the rent burden for two of the properties, and about 75% of the rent burden for the other. Tenants pay for all utilities. All tenants pay on time and take amazing care of the properties. All properties remain looking as new and are problem free. Anything and everything that could have been performed to these properties has already been done. These are essentially turnkey rentals. The 19131 zip code provides great upside for investors who are looking for a viable long-term strategy. The commercial corridor here in West Parkside has seen awesome increases in median household income as well as home sales.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.02
-
Property Type
Commercial Sale
Price
-
Sales Price
$249,600
-
Tax Amount
1135.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Brick/Mortar
-
Sewer
Public Sewer
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Steven Sooby , HomeSmart Realty Advisors
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Owner, President, Investment Property Advisor
TheresaKehler
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