Rent-ready 2-bed, 1-bath property can be generating $1, 450/month in rental income. With a $450 monthly cash flow and 18% annual cash-on-cash return, this is a strong buy-and-hold opportunity. Perfect for investors utilizing a DSCR loan, this turnkey property is ready to start producing income immediately. Property Details: 2 Beds, 1 Bath Rent-Ready Condition Estimated Rent: $1, 450/Month Financial Highlights: Cash Flow: $450/Month Annual Cash-on-Cash Return: 18% Ideal for Buy-and-Hold Investors This property qualifies for a DSCR loan, making it an excellent addition to your portfolio with strong rental demand and solid returns. Access: Tenant Occupied - Showing By Appointment Only Property will be delivered vacant.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
Heating and Cooling
- Cooling Features: Heat Pump(s)
- Heating Features: Forced Air
- Heating: Yes
Land Info
- Lot Size Acres: 0.0173324
- Lot Size Square Feet: 754
Garage and Parking
- Parking Features: On Street
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
School Information
- School District: PHILADELPHIA CITY
Other Property Info
- Municipality: PHILADELPHIA
- Annual Tax Amount: 1135.0
- Source Listing Status: Active
- County: PHILADELPHIA
- Disclaimer: Standard
- Ownership: Fee Simple
- Source Property Type: Residential
- Area: PHILADELPHIA
- Property Subtype: townhouse
- Source Neighborhood: NICETOWN-TIOGA
- Postal Code Plus 4: 2819
- Subdivision: NICETOWN-TIOGA
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 930
- Year Built: 1930
- Above Grade Finished Area: 930
- Construction Materials: Brick
- Property Age: 95
- Levels or Stories: 2
- Structure Type: Interior Row/Townhouse
- House Style: Traditional
- Total Area Sqft: 930