School District: The School District Of Philadelphia
Address: 5722 TULIP ST
Investment Opportunity!!Large Single Duplex with Extra Lot. This is a unique property with many possibilities. Lower level is a 1 bedroom unit w/ private side entrance plus the huge next door Lot is part of the sale (BRT 411419600), 26' X 126'. Taxes on this additional lot are $662 annually. Both 1st & 2nd floor apts. are 2 bedroom units & are currently occupied. Unit 1 rented until May of 2022, unit 2 is on month to month. They are long time tenants. The basement is a 1 bedroom unit with separate side entrance, but property it's not zoned as a Triplex. A friend of the owner is staying there until property is sold & can move if needed before closing (No Lease). Unit could be rented for at least $600/month with proper zoning. The back of the property offers a large Carport or parking area which was originally used as an Auto Repair Garage & is still legally zoned as such. It can be rebuilt with no variance required. In addition a large storage shed previously rented for $85/month. Both could be extra income possibilities. Owner has done many upgrades to the property since purchased in 2015. New 1st floor kitchen & bathroom, carpets, paint, new doors (2018), new kitchen roof & new vinyl windows (2020), new basement storm door (2021) "Do not procrastinate" this is a "Positive Cash Flow" Investment.
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Courtesy of: RE/MAX Affiliates 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: 26th September, 2021 9:44 AM
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