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Nearby Schools
Horace FurnessHigh School
Description
Just Repriced! A corner duplex in gorgeous south Philly is the perfect investment. Under-rented with long-term tenants You could easily increase the cash flow per unit by $300 or more a month per unit. Rentals in the area are 1200 for a 1 bedroom. The cap rate would be 6.7% with these market rents! Income is estimated. This cap estimate does not include any vacancy rate estimate (Philly is 5% on average). The seller does own management so no management fees in the cap estimate. This duplex has an impressively large one-bedroom, a spacious living room, and an L-shaped kitchen, this unit has it all. Plus with its 3-piece bathroom and expansive bedroom decked out with plenty of closet space—it's time to call dibs on your dream investment. This beautiful downstairs unit offers amazing perks! Enjoy a picturesque garden entrance, a spacious living, and a kitchen, plus an easily accessible bathroom and bedroom. Best of all--it's located in the highly sought-after Washington Ave neighborhood with easy access to awesome amenities like the Gold Star playground nearby. Come explore this prime spot today!
Location
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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 March, 2023 1:50 PM (UTC)
