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Description |
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Great opportunity in a desirable and rising neighborhood in Northwest Philly. Ideal for investors, who desire to collect rents. The mixed-use building is located to one of the most major and busy two-lane roads. It is consisted from a first-floor nail saloon, rented for $1,350, and a two-bedroom apartment rented for $975 (month to month); both are below market price The gross yearly rental income is $27,900 and the only expenses are real estate taxes, insurance, and occasionally maintains. The CAP is about 7.50%. Price just been reduced to $375,000 and also Seller will finance to a qualified Buyer with $100,000 down. This is an excellent Investment Opportunity. Can be sold also as a package with the 5144 Haverford Ave.
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Room Sizes |
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Location |
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Details |
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Architectural Type - Dwelling with Rental
Flooring - Ceramic Tile, Carpet
Exterior Features - Masonry
Cooling - Central A/C, Electric
Heating - Forced Air
Hot Water - Electric
Sewer - Public Sewer
Water - Public
Additional Utilities - Electric Available, Phone Available, Sewer Available, Water Available
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