Richard B Moore Best City Homes Inc
This listing was posted on Richard B Moore Best City Homes Inc (via ListedBuy).
$449,500
4154 W Girard Ave, Philadelphia, PA 19104 - MLS PAPH2296426
Price:
$449,500
BR/BA:
Studio
Location:
4154 W Girard Ave, Philadelphia, PA
Description:
Fantastic Philadelphia investment opportunity, to purchase a fully occupied three-story, five-unit apartment building located in the highly sought-after Parkside section of West Philadelphia. Some key details about this property. The first floor consists of two apartments: a two-bedroom unit saleed at $675 per month with a long-term, reliable tenant, currently saleed well below market value, and a fully renovated studio apartment with air conditioning brand new kitchen with granite countertops and stylish exposed brick currently saleed at $750 per month. Moving on to the second floor, you will find two recently ungraded units one with a brand new kitchen with granite countertops both apartments, with brand new engineered flooring and air conditioning currently saleed at $850 per month and a studio that has recently been saleed at $750 per month. Finally, the third floor houses a large, two-bedroom unit that underwent a complete renovation just four years ago, including the installation of a brand-new gas forced air heating system saleed at $950 per month One of the standout features of this investment opportunity is the potential for increased saleal income. By choosing to participate in the PHA voucher Section 8 program, sales in the 19104-zip code can be substantially higher than the current rates. Documents can be downloaded showing the PHA Payment Standard Schedule effective October 1, 2023, which demonstrates the potential to increase annual sales to an impressive $83,808 yearly, this added value, combined with the fact that there are already numerous new apartment buildings under construction and completed in the area, with one-bedroom units saleing in the $1200-$1500 range, makes this property an excellent choice. Furthermore, to highlight the property's exceptional condition and recent renovations. The halls have been tastefully updated with new engineered flooring and a fresh coat of paint. Additionally, all utilities have been. Still available at ListedBuy!
Property Type:
Condos, Townhouses & Apts for Sale
Amenities:
AC
For sale by:
Agent/Broker
Agent Name:
Richard B Moore Best City Homes Inc
Posted:
February 1 on ListedBuy
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More About this Listing: 4154 W Girard Ave, Philadelphia, PA 19104 - MLS PAPH2296426
4154 W Girard Ave, Philadelphia, PA 19104 - MLS PAPH2296426 is a Studio Condos for Sale at 4154 W Girard Ave in Philadelphia PA. Find other listings like 4154 W Girard Ave, Philadelphia, PA 19104 - MLS PAPH2296426 and listings near 4154 W Girard Ave by searching Oodle Classifieds for Studio Condos for Sale in Philadelphia PA.
4154 W Girard Ave, Philadelphia, PA 19104 - MLS PAPH2296426 is a Studio Condos for Sale at 4154 W Girard Ave in Philadelphia PA. Find other listings like 4154 W Girard Ave, Philadelphia, PA 19104 - MLS PAPH2296426 and listings near 4154 W Girard Ave by searching Oodle Classifieds for Studio Condos for Sale in Philadelphia PA.