Investment Property with Reliable Income! 6 bed 2 full bath home with a basement, and private backyard. The first floor features a private room and an open concept kitchen, the lower level features two private rooms and a full bath, upstairs there are 3 more bedrooms and the second full… Read More bathroom. Located only a 6 minute ride to Temple University. The property is currently leased to a professional property management company that manages over 20 properties. They guarantee a monthly rental income of $1,800 ($21,600 annually) and handle all utilities, maintenance, and repairs, with the landlord covering material costs only, as necessary. The management company also oversees subleasing, offering the owner a dependable, hands-off income stream. Property is being sold in as-is condition and Buyer is responsible for all municipal certifications. This property can also be purchased as part of a 3 property portfolio package including 1221 Wagner Ave, Philadelphia and 5129 N 10th St, Philadelphia which is producing a combined $69,600 annually. The asking price for all 3 properties is $600,000. Read Less
Courtesy of Austin Cennimo, Keller Williams Realty - Moorestown [email protected]
Listing Snapshot
Days Online
9
Last Updated
Property Type
Townhouse
Beds
6
Full Baths
2
Square Ft.
1,282
Lot Size
0.03 Acres
Year Built
1925
MLS Number
PAPH2417378
Additional Details
Basement
Full
Building
1,282 sqft living area, 1,282 sqft above grade (finished), Built in 1925, Structure Type: Interior Row/Townhouse, 2 levels, Colonial, Masonry
Cooling
None, None
Foundation
Block
Heating
Electric, Baseboard - Electric
Interior Features
Kitchen - Eat-In
Laundry
None
Lot
1,205 sqft, Lot Size Dimensions: 15.00 x 79.00, 0.03 acres
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