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Description
Wow! Amazing investment opportunity in a prime Northern Liberties location. This 4-unit property is great as strictly an investment property or could be a slam dunk for an owner occupant. Live in one unit and have the tenants pay your mortgage!
The property is 100% occupied and has been since being purchased. Turn over has been infrequent and the units have been filled easily due to the spacious layout and great location. The massive property boasts 4 units total, spanning 4 stories plus the unfinished basement. There are 3 one-bedroom units and 1 three-bedroom unit that spans 2 floors.
Only a half block from Girard Ave makes this location key for public transportation, shopping, entertainment and all of the conveniences of city living.
Unit 1 $1650/mo, lease expires 10/31/23.
Units 2 $1100/mo, lease expires 6/30/23.
Units 3 $1360/mo, lease expires 6/30/23.
Unit 4 $2235/mo, lease expires 8/1/23.
The owner pays for water for the building and the rest of the utilities are separated by unit and paid by the tenants.
The basement is unfinished and provides storage space as well as houses 2 sets of coin operated washer and dryer. Income from washer and dryer are not included in calculations.
This is a great opportunity, in a prime location, to own a turnkey investment property.
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Courtesy of: Keller Williams Philly Listing information provided courtesy of the Bright MLS. IDX 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. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 23rd March, 2023 4:50 AM (UTC)