Description
Investor Alert! This duplex is located in Southwest Philadelphia, minutes from I-95 and the Philadelphia Airport. The building has 2 units with separated electric and gas meters as well as separate hot water heaters. Radiator heat in each unit. UNIT 1 is a 1 bedroom 1 full bathroom unit with a living room, kitchen, basement access and rear yard access. The first unit is in need of a rehab. Seller started the process and has some materials that he will include in the sale for buyer. UNIT 2 is a 3 Bedroom 1 Full Bathroom unit with a eat in kitchen. Unit 2 also has access to the rear yard via a metal staircase. Both units are vacant. This property can cash flow with the second unit while the first unit is being put back together. Average rental rate for Unit 2 is around $1,200 per month in its current condition. Approximate rent for Unit 1 once completed is $1,000 per month. ARV for rehab is $270K for any investor considering this option.
Tenant recently vacated so property is vacant and easy to show. Please contact listing agent with any questions!
Location
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$44,950,000
5
7
5,611 Sq ft
ACTIVE
MLS# PR9098787
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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 3:10 AM (UTC)
