This is a legal, licensed triplex featuring (3) 1 bedroom/1 bathroom apartments, each with it's own utilities.
The 2nd and 3rd floor have been updated and freshly painted. The first floor tenant has been a long term lease. The first floor tenant is now on a month to month lease and willing to move out once a new owner is found. Then the apartment can be updated and rent increased significantly.
1st floor tenant currently pays $775 month rent. After updating apartment should be able to increase the rent to at least $1000.
2nd floor tenant currently pays $900 and 3rd floor pays $875.
All units have a separate forced hot air heater, hot water heater and electric panel.
Property Type :
Multi-Family
Subdivision :
None Available
County :
PHILADELPHIA
Style :
Multi-Family
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ByOwner last updated this listing 05/16/2024 @ 10:43
MLS: PAPH2336884
LISTED BY: Michael J Hannon , Philadelphia Area Realty
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.
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