Elevate your investment portfolio with this exceptional cash-flowing Quadplex, strategically positioned to deliver robust returns and long-term appreciation. Boasting a blend of stable rental income and value-add potential, this property presents an attractive opportunity for seasoned investors and newcomers alike.
The building is fully rented and is currently generating $3790 per month in gross income. The first floor boasts a spacious commercial unit with 1 full and one half bathroom, with longstanding tenants who are currently paying $1150 per month.
The second floor has two 1 bedroom 1 bathroom units that have been recently updated and are paying $893 and $750 respectively. The third floor consists of a 1 bedroom 1 bathroom unit that was recently updated and is generating $1000 per month. The finished basement has additional revenue generating coin operated laundry machines and is fully finished. It can also be rented as an additional commercial space or used as a home office. Situated in a sought-after neighborhood with proximity to amenities, employment centers, and transportation options, this Quadplex offers convenience and lifestyle appeal. Capitalize on the area's growth potential and benefit from rising property values over time.
Property Type :
Multi-Family
Subdivision :
Germantown
County :
PHILADELPHIA
Style :
Multi-Family
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ByOwner last updated this listing 04/29/2024 @ 23:17
MLS: PAPH2343126
LISTED BY: David Snyder , KW Empower
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
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.
