School District: The School District Of Philadelphia
Address: 2629 N 27TH ST
2629 North 27th Street, Strawberry Mansion, 19132. This 5 Unit property is rented for $3,195 per month, which brings in a total annual rental income of $38,340 per year (Cap Rate: 14.5%) . It has five separate electric meters & gas meters which makes splitting the utilities for each unit very simple. Each unit has it's own bathroom & a kitchenette. The taxes are very low; $538 (2021). The property is situated on the corner of 27th & Oakdale which is about one block off of Lehigh Ave, and walking distance to a number of shops, bus stops, & schools (Rudolph Walton). This is a safe & turnkey investment for an investor looking to break into the Philadelphia market. At least 24 hours notice is required for showings. Buyer is responsible for obtaining a clear U&O if desired. Must use seller's title company (City & Suburban Settlement Services). Motivated seller. Give me a call today to schedule a showing !
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Courtesy of: BHHS Prime Real Estate 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: 31st July, 2021 12:12 PM
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