Cashflow King.
Double Your Dividends: Duplex with 10.7% Cap Rate in Prime Philly Location!
Room to increase your cashflow and appreciation.
Unit 1 has under market rents, while unit 2 needs updating. Even with one unit vacant the property boasts a 10.7 Cap Rate.
Spacious 4-bedroom, 1-bathroom unit: Perfect for groups of any demographic, this unit generates consistent income ( with room to grow ) with ample space for comfortable living.
Cozy 1-bedroom, 1-bathroom unit: This unit provides additional rental income and maximizes your return on investment. Update this unit and increase the already healthy rate of return.
Minutes from major attractions, vibrant nightlife, and diverse dining options.
Easy access to public transportation:
Tenants can easily explore the city and surrounding areas without relying on cars.
Growing neighborhood with strong rental demand: Benefit from the area's steady development and increasing tenant pool.
Separate utilities: Individual meters for each unit minimize tenant disputes and maximize control over expenses.
Potential for further value enhancement: Renovate the units or add modern amenities to attract premium renters and further boost your returns.
Don't miss out on this rare opportunity to secure a high-performing asset in a desirable Philadelphia location! Contact us today to schedule a viewing and unlock your path to financial freedom with this 10.6% cap rate powerhouse!
Property Type :
Multi-Family
County :
PHILADELPHIA
Style :
Multi-Family
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ByOwner last updated this listing 05/11/2024 @ 19:09
MLS: PAPH2310302
LISTED BY: Kalif Celestine , KW Empower
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
