Incredible Investment Opportunity in Philadelphia! Fully income-producing multifamily property offering strong cash flow potential with projected gross rental income of approximately $4,560/month including additional garage income. This spacious property features 3 well-sized units plus detached garage rentals, making it an excellent opportunity for both seasoned investors and owner-occupants looking to offset their mortgage with rental income. Property offers 3 separate living spaces, strong rental demand, and excellent long-term upside potential. Conveniently located near public transportation, major highways, shopping, schools, and everyday amenities. Whether you are looking to expand your portfolio or start investing in multifamily real estate, this property checks all the boxes. Projected annual gross income of approximately $54,720/year. Opportunity to maximize returns with market rents and additional storage/garage income. Don't miss your chance to own a high-performing income-producing property in a growing rental market. Schedule your showing today!
| MLS # | PAPH2627958 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1939 |
| Days On Site | 137 |
| Listing Provided By | Opus Elite Real Estate | Andrea Betancourt |
| SQ Feet | 1,841 |
|---|---|
| Garage | 3 |
| Basement | Y |
| Units | 3 |
| Zoning | RSA3 |
| Acreage | 0.09 |
| Cooling | Wall Unit |
|---|---|
| Heating Yes / No | Yes |
| Heating | Radiant |
| Roof | Flat, Shingle |
|---|---|
| Construction Materials | Masonry |
| Foundation Details | Stone |
| Garage Yes / No | Yes |
|---|
| Tax Annual Amount | 2819 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19124 |
| Area | 19124 (19124) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in 19124) | |
Price: $405,000 low | high Med: $180,500 sqft: 1,841 low | high Med: 1,174 $ / sqft: $220 low | high Med: $155 On site: 137 low | high Med: 188.5 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19124 |
| Area | 19124 (19124) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in 19124) | |
Price: $405,000 low | high Med: $180,500 sqft: 1,841 low | high Med: 1,174 $ / sqft: $220 low | high Med: $155 On site: 137 low | high Med: 188.5 | |