School District: The School District Of Philadelphia
Address: 502 S 4TH ST
Investor Alert/ or Great Owner Occupied Investment!! 4 Unit Corner Apt building (over 3,400 sf.) in prime Society Hill location. Opportunity to live in the spacious Owners unit (Unit 4) and use the 3 rented apts. to pay your mortgage for instant equity. Unit 4 makes an ideal owners unit occupying the top two floors of the building- it is a large 3 bedroom/2.5 bath corner living space with lots of windows and roof access for fabulous city views a potential for roof deck. Currently rented for $2200/mo. Unit 1 is a studio, unit 2 is a 1 bedroom/ 1.5 bath bi level, unit 3 is a 1 bedroom. Units 1-3 have wood flooring.
All Tenants pay own electric and gas. Utilities separated with 4 gas furnaces and 4 newer gas hot water heaters ( 2018. 2019, 2021, 2021). Landlord pays cold water. Low vacancy and easy to rent with long term tenants and opportunity to increase rent. Coin op washer and dryer in basement provides additional income. Most desirable location convenient to hospitals, restaurants, shops, with easy access to NJ plus McCall Elementary catchment. Rents are under market.
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Courtesy of: Compass RE 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: 27th October, 2021 10:55 AM
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