Welcome to guaranteed income-generating property with a section 8 tenant in place at a 9.5% Cap Rate. The property has been recently fully renovated. As you enter, youll find a spacious living room and dining area, featuring new vinyl plank flooring that extends throughout both the first and second floors. The kitchen is equipped with white shaker cabinets, stainless steel appliances, and a quartz countertop. The second floor includes three bedrooms and one bathroom. While the basement is currently unfinished, it offers great potential. It has a washer and dryer. Please note that the property is tenant-occupied and it can be sold as a package deal with MLS# PAPH2411516. Dont miss out on this fantastic opportunity to secure a great deal in an up-and-coming neighborhood! Photos were taken before the tenant moved in.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Interior Features
Heating and Cooling
- Heating Features: Baseboard - Electric
- Heating: Yes
Land Info
- Lot Size Acres: 0.0152893
- Lot Size Square Feet: 666
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: 512.0
- Source Listing Status: Active
- County: PHILADELPHIA
- Disclaimer: Standard
- Ownership: Fee Simple
- Source Property Type: Residential
- Area: PHILADELPHIA
- Property Subtype: townhouse
- Source Neighborhood: PHILADELPHIA (NORTH)
- Postal Code Plus 4: 4327
- Subdivision: PHILADELPHIA (NORTH)
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1120
- Year Built: 1915
- Above Grade Finished Area: 1120
- Construction Materials: Masonry
- Property Age: 109
- Levels or Stories: 2
- Structure Type: Interior Row/Townhouse
- Total Area Sqft: 1120