Piruz Partow
This listing was posted on RealtyWW.
$399,900
Home For Sale In Philadelphia, Pennsylvania
Price:
$399,900
BR/BA:
3 BR, 4 BA
Location:
332 N 62nd St, Philadelphia, PA
Description:
INVESTORS BEHOLD! 332 N 62nd Street is a golden opportunity for savvy investors seeking a lucrative addition to their portfolio. This property is also perfect for the beginning investor looking for their first investment. Here's what makes this investment stand out: Income Potential: This multi-unit property boasts 4 spacious units, each offering comfortable living spaces and modern amenities. Whether you're targeting long-term renters or looking to live in one of the units and rent the others, the income potential is substantial. With competitive rental rates in the area and increasing demand for housing, you can expect a consistent cash flow and attractive returns on your investment. Value-Add Opportunity: While the property is already generating income, there's ample room for value enhancement. With a strategic renovation or upgrade plan, you can maximize rental income and increase property value. Whether it's modernizing interiors, enhancing curb appeal, or adding amenities, the potential for appreciation is significant. The property does already have a State of the Art Security System with electronic entry and a full sprinkled interior with an up to date fire alarm system. Prime Location: Situated in the vibrant and rapidly developing Haddington neighborhood of Philadelphia, this property is strategically positioned to capitalize on the growth of West Philadelphia. It is a short walk to the Market/Frankford 63rd street station. The #30 and #31 buses are steps away. There is easy access to major transportation routes, as well as, all of the renowned West Philadelphia universities, employment hubs, and a plethora of amenities. This location is highly desirable for tenants seeking convenience and connectivity. Very close to Haddington Woods and Cobbs Creek Park. Wonderful restaurants are within walking distance: Jims Steaks West, 5-Star Jamaican, Morronnes Water Ice etc. Stable Market Dynamics: West Philadelphia's real estate market has demonstrated resilience and stability, making it an ideal environment for investors seeking long-term growth. With a diverse economy, a thriving job market, and a steady influx of residents, the demand for rental properties remains robust. Investment Highlights: - Multi-unit property with 4 units - Prime location in the heart of Philadelphia, PA - Strong rental demand and competitive rental rates - Value-add opportunities for increased cash flow and appreciation - Stable and growing real estate market with favorable investment conditions 332 N 62nd Street offers an exceptional blend of potential and profitability.For more details: https://realtyww.info/homes_philadelphia-d523146/for-sale_i70590654
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More About this Listing: Home For Sale In Philadelphia, Pennsylvania
Home For Sale In Philadelphia, Pennsylvania is a Three Bedroom 4.5 Bath Single-Family Homes for Sale at 332 N 62nd St in Philadelphia PA. Find other listings like Home For Sale In Philadelphia, Pennsylvania and listings near 332 N 62nd St by searching Oodle Classifieds for Three Bedroom 4.5 Bath Single-Family Homes for Sale in Philadelphia PA.
Home For Sale In Philadelphia, Pennsylvania is a Three Bedroom 4.5 Bath Single-Family Homes for Sale at 332 N 62nd St in Philadelphia PA. Find other listings like Home For Sale In Philadelphia, Pennsylvania and listings near 332 N 62nd St by searching Oodle Classifieds for Three Bedroom 4.5 Bath Single-Family Homes for Sale in Philadelphia PA.