School District: The School District Of Philadelphia
Address: 4432 SOLLY AVE
A 3 units multifamily property. 2 x two bedrooms and a one efficiency unit. $30,120 annual income. CAP 8% Fully occupied. Tenants never skipped payment during pandemic. Triplex close to shopping, transportation, easy access to I-95.
Unit A - 4 rooms, 2 bedrooms, 1 bathroom 950 sqf Unit B - 4 rooms, 2 bedrooms, 1 bathroom 950 sqf Unit C - 3 rooms, 1 bedroom, 1 bathroom 320 sqf Storage room. Garage for 1 car. Drive way 2 cars
Units 1 and 2 on the second and third floor have a nice size hall area and entrance to a spacious 2-bedroom unit with a full kitchen and full bathroom, drier-washer Unit 3 is an efficiency unit on the first floor. First floor - garage, utility room with 2 gas furnaces and 3 electric boilers. All 3 boilers replaced in 2019. Parking: 2 front car driveways with a 1 car attached garage. Utilities: Separate electric, separate heat on gas, separate central air, public water, public sewer.
All units are occupied with long term tenants. Two of the tenants have been here more than 10 years. Rent: Unit A $980 / month Unit B $980 / month Unit C $550 / month Garage is rented to one of the tenants
Gross annual rental $30,120 Property taxes $2,969.77 Water bill is paid by the owner, around $200 / month Gas and electricity paid by tenant There is no HOA fee
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Courtesy of: Simple Choice Realty 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: 1st December, 2021 3:49 PM
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