This is a fully occupied 2-unit multifamily located in the quickly appreciating Kingsessing neighborhood! This is one of the rare investment opportunities in Philadelphia that still has positive cash flows even at the current interest rates. Please review the P&L statement included in the Documents tab of the MLS listing.… Read More There is plenty of opportunity for value-add with regard to the cosmetic features of the units, but most of the plumbing, electrical, and mechanicals have already been upgraded for you! This is a great property to add to your investment portfolio. Read Less
Courtesy of Neil Dessecker, RE/MAX One Realty - TCDT [email protected]
Listing Snapshot
Days Online
227
Last Updated
Property Type
Townhouse
Square Ft.
1,162
Lot Size
0.02 Acres
Year Built
1925
MLS Number
PAPH2459642
Additional Details
Appliances & Equipment
Dryer, Washer
Basement
Unfinished
Building
1,162 sqft living area, Built in 1925, Structure Type: Interior Row/Townhouse, 2 units in building, Traditional, Masonry
Cooling
None, None
Expenses
Insurance Expense: $1,421, Maintenance Expense: $750, Other Expense: $4,964
Floors
Wood
Foundation
Stone
Heating
Natural Gas, Forced Air
Income
Net Operating Income: $8,846, Apartment Rentals
Lot
934 sqft, Lot Size Dimensions: 15.00 x 62.00, 0.02 acres
Property
Other Structures: Above Grade, Other Units: Unit 1, Unit 2, 1 single-room unit, 1 two-bedroom unit
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