This listing was posted on ListedBuy.
$1,200,000
Home For Sale In Philadelphia, Pennsylvania
Price:
$1,200,000
BR/BA:
10+ BR, 2 BA
Location:
Philadelphia, PA
Description:
OPPORTUNITY knocks! Own a fully occupied 5-unit building in one of Philadelphia's Opportunity Zones. This 7-year young building sits on a 17x100 lot, has 3-4 years left on the tax abatement and brings in around $95, 760 in gross annual sale. Unit #1 features a flat 2 bed, 2 bath unit with a private backyard for $1680/month. Unit #2 features a 2 bed, 2 bath unit for $1600/month. Unit #3 features a bi-level 2 bed, 2 bath unit for $1700/month. Unit #4 features a bi-level 2 bed, 2 bath unit for $1650/month. Unit #B features a lower level 2 bed, 2 bath unit for $1350/month. The owners collect $60 monthly water fee from each unit. All of the units have open kitchens with brown cabinets, granite countertops and stainless steel appliances, including an electric stove, a dishwasher, a microwave, a refrigerator and a garbage disposal; large bathrooms, high ceilings, skylight windows in the top floors units #3 and #4, intercoms, washer and dryer in each apartment, lots of natural sunlight. Central A/C and heat in each unit. Apt #1 has a private backyard. Extremely low taxes for the next 3 to 4 years! Cap rate of 7.4%. 522 N Preston st is walking distance to UPenn, Drexel U, Penn Presbyterian Medical Center, Philadelphia Zoo, the Vidas Athletic Complex and much more. Minutes to Center City, Art Museum, 30th St Station, Kelly Drive and 76. There are new construction properties everywhere in this neighborhood. This is one of the most concentrated innovation districts in the United States with national leading employment centers and higher learning institutions. For more details: /homes_philadelphia-d523146/for-sale_i61833998. Still available at ListedBuy!
Property Type:
Single-Family Houses
Amenities:
AC, Dishwasher, Garbage Disposal, Refrigerator, Washer Dryer
For sale by:
By Owner
Posted:
September 8 2023 on ListedBuy
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More About this Listing: Home For Sale In Philadelphia, Pennsylvania
Home For Sale In Philadelphia, Pennsylvania is a 10+ BR Two Bath Single-Family Homes for Sale in Philadelphia PA. Find other listings like Home For Sale In Philadelphia, Pennsylvania by searching Oodle Classifieds for 10+ BR Two Bath Single-Family Homes for Sale in Philadelphia PA.
Home For Sale In Philadelphia, Pennsylvania is a 10+ BR Two Bath Single-Family Homes for Sale in Philadelphia PA. Find other listings like Home For Sale In Philadelphia, Pennsylvania by searching Oodle Classifieds for 10+ BR Two Bath Single-Family Homes for Sale in Philadelphia PA.