8 bedroom house for sale
$599,900 - Philadelphia PA 19121Philadelphia PA 19121
8 bedroom house for sale
- Beds: 8
- Price: $599,900
- Reference No.: 73326789
- Area: 2,109 sqft
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Overview
Prime Location: Situated in the bustling city center, tenants enjoy easy access to amenities, public transportation, and employment opportunitiesInvestment Opportunity: Renovated Triplex Generating $4, 500 Monthly Rental Income Listing Price: $599, 000 Property Overview: Discover an incredible investment opportunity in the heart of the city. This renovated triplex offers three fully rented units, each contributing to a steady monthly rental income. Unit Breakdown: Unit 1 (Ground Floor): 2 bedrooms, 1 bathroom, open-plan living and dining area, modern kitchen, private patio space. Unit 2 (Second Floor): 3 bedrooms, 2 bathrooms, spacious living area, updated kitchen with granite countertops, in-unit laundry, balcony. Unit 3 (Third Floor): 1 bedroom, 1 bathroom, cozy layout, skylights, upgraded fixtures. Key Features: Fully Rented: All units are currently leased, generating a total monthly rental income of $4, 500, providing immediate returns for the investor. Renovated Interiors: Each unit has been renovated with modern finishes, including hardwood floors, updated bathrooms, and contemporary fixtures. Prime Location: Situated in the bustling city center, tenants enjoy easy access to amenities, public transportation, and employment opportunities. Low Maintenance: Recent renovations minimize upkeep, allowing for hassle-free ownership and maximizing profitability. Separate Utilities: Each unit has its own meter, ensuring tenants are responsible for their own utility costs. Financial Highlights: Monthly Rental Income: $4, 500 Annual Rental Income: $54, 000 Operating Expenses: Approximately $15, 000 annually (including taxes, insurance, maintenance) Net Operating Income: Approximately $39, 000 Cap Rate: 6.5% Cash-on-Cash Return: 8.2% Additional Information: This triplex represents an excellent opportunity for investors seeking immediate rental income in a high-demand urban market. With a competitive listing price and strong financial performance, it's a must-see for any savvy investor. Contact us today to arrange a viewing and secure your investment in the thriving city real estate market.
House Philadelphia
This House for sale is located at Philadelphia PA 19121. The home has 8 Bedroom. This 8 bedroom House in Philadelphia PA is for sale for $599,900 .
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2024-06-24, Viewed 0 times.
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The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-06-24, Viewed 0 times.
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