Michelle Phillips
This listing was posted on RealtyWW.
$250,000
Home For Sale In Philadelphia, Pennsylvania
Price:
$250,000
BR/BA:
3 BR, 2 BA
Location:
5846 Trinity St, Philadelphia, PA
Description:
Presenting an excellent investment opportunity for real estate investors interested in a hassle-free, passive income property. This legal duplex comes fully occupied with reliable, Section 8 tenants, making it a truly turnkey investment. The one and two bedroom units are currently rented at $1200 and $1057, with tenants who are quiet, low maintenance, and have a good standing with Section 8. The property was fully renovated in 2019, including all-new systems (plumbing, electrical, HVAC) to ensure minimal maintenance issues. Both tenants are excellent Section 8 renters, providing a dependable income. They are interested in renewing their leases, offering long-term stability for an investor. They are also flexible and can vacate with a 3-month notice, if required for transfer processes. Section 8 approves rent escalations every two years. Both units are due for an increase in January 2025, enhancing the investment return potential. The seller is committed to a smooth transition and offers a list of reliable maintenance contacts including plumbers, HVAC tech, landscapers, etc. ensuring you have everything needed to manage the property effectively. Tenants pay through Buildium, allowing for seamless and automated rent collection without the need for physical collection. Proof of current Section 8 payments and tenant payment history for due diligence. With recent renovations and reliable tenants, the property requires little day-to-day management effort, ideal for investors looking for passive income. With the hard work already done, step into a role of a passive investor and watch your investment grow!For more details: https://realtyww.info/homes_philadelphia-d523146/for-sale_i71100229
Property Type:
Single-Family Houses
Posted:
April 26 on RealtyWW
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More About this Listing: Home For Sale In Philadelphia, Pennsylvania
Home For Sale In Philadelphia, Pennsylvania is a Three Bedroom Two Bath Single-Family Homes for Sale at 5846 Trinity St in Philadelphia PA. Find other listings like Home For Sale In Philadelphia, Pennsylvania and listings near 5846 Trinity St by searching Oodle Classifieds for Three Bedroom Two Bath Single-Family Homes for Sale in Philadelphia PA.
Home For Sale In Philadelphia, Pennsylvania is a Three Bedroom Two Bath Single-Family Homes for Sale at 5846 Trinity St in Philadelphia PA. Find other listings like Home For Sale In Philadelphia, Pennsylvania and listings near 5846 Trinity St by searching Oodle Classifieds for Three Bedroom Two Bath Single-Family Homes for Sale in Philadelphia PA.