Investment Opportunity: Multifamily Tri-Plex! Immediate Cash Flow Potential! All units are vacant. This property offers a compelling opportunity for rental income, with projections exceeding $3,000 per month and an estimated cap rate of over 10%. The property is being sold as-is at a competitive price. You can choose to live in one unit while renting out the others, or enhance your portfolio by renting all three! This property is priced to sell quickly. Property Details: The tri-plex comprises three distinct units: First Floor Unit: Features spacious living quarters, a full kitchen, two bedrooms, and one bathroom. Second Floor Unit: Boasts updated flooring and bathroom, along with a generous floor plan including a full kitchen, two bedrooms, and a complete bathroom. Third Floor Unit: Offers one bedroom, one full bathroom, and an eat-in kitchen. Key Features: Located in a highly desirable neighborhood, this property presents perfect affordability. The property includes a large front patio and a basement with convenient access doors for easy maintenance of the heating, electrical, fire alarm controls and plumbing systems. Equipped with a comprehensive fire alarm system, the building also comes with a “lead safe” approved and passed certificate.
Listed By
Agency Name: Real of Pennsylvania
Agency Phone: 8554500442
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimated Payment
$ 905.90 per month $578.65 Principal & Interest $251.42 Property Tax $75.83 Homeowner's Insurance
1016 W Duncannon Avenue | MLS# PAPH2568438
This multi-family property located at 1016 W Duncannon Avenue, Philadelphia, PA 19141 is currently listed for sale with an asking price of $259,999. W Duncannon Avenue is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.realtymark.net today.