320 N 62nd St, Philadelphia, PA 19139

$399,000
2,700
SqFt

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List Price
$399,000
Price Change
▼ $26,000 1788936406
Days on Market
130
Status
ACTIVE
MLS#
PAPH2616122
Living Area
2,700
Lot Size (Acres)
0.04
Style
Contemporary
Year Built
1915
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

STABLE INVESTMENT OPPORTUNITY!!! WELCOME TO THIS TOP-NOTCH FINISHED, ALMOST BRAND-NEW, FULLY RENOVATED 2023 INCOME-GENERATING TRIPLEX LOCATED IN ONE OF PHILADELPHIA’S RAPIDLY DEVELOPING NEIGHBORHOODS! THIS AMAZING PROPERTY FEATURES 3 WELL-DESIGNED UNITS WITH STRONG RENTAL POTENTIAL AND IMMEDIATE CASH FLOW. UNIT BREAKDOWN: • UNIT #1 – 2 BEDROOMS, 1 BATHROOM – CURRENTLY RENTED FOR $1,325/MONTH • UNIT #2 – 2 BEDROOMS, 1 BATHROOM – CURRENTLY RENTED FOR $1,325/MONTH • UNIT #3 – STUDIO UNIT – CURRENTLY IN THE RENTING PROCESS THE PROPERTY WAS COMPLETELY UPDATED IN 2023 AND OFFERS MODERN FINISHES, UPDATED SYSTEMS, AND LOW-MAINTENANCE OWNERSHIP. ADDITIONALLY, THE PROPERTY HAS APPROXIMATELY 7 YEARS REMAINING ON AN APPROVED TAX ABATEMENT, PROVIDING A STRONG AND STABLE INVESTMENT OPPORTUNITY WITH LONG-TERM SAVINGS AND CASH FLOW POTENTIAL. PERFECT FOR INVESTORS LOOKING TO ADD A TURNKEY, INCOME-PRODUCING PROPERTY TO THEIR PORTFOLIO!

Additional Information

Area
19139 (19139)
Taxes
$2395
School District
The School District Of Philadelphia
Heating
90% Forced Air, Baseboard - Electric
Heating Fuel
Electric
Cooling
Central A/C
Water
Public
Sewer
Public Sewer
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of HomeSmart Realty Advisors. Contact: 2156041191