12 bedroom house for sale
Philadelphia PA 19121
- Property Type
- House
- Price
- $1,110,000
- Beds
- 12
- Baths
- 12.5
Overview
5-bathroom units on the upper level, this quadruplex offers modern amenities and spacious layouts that appeal to students and tenants alikeWelcome to your next savvy investment opportunity! Nestled just blocks away from Temple University, this income-producing quadruplex is a gem! Perfect for seasoned investors looking to expand their portfolio or first-time investors eager to dive into the market. Comprising two 2-bedroom, 2.5-bathroom units on the lower level and two 4-bedroom, 4.5-bathroom units on the upper level, this quadruplex offers modern amenities and spacious layouts that appeal to students and tenants alike. Each unit features contemporary finishes, galley and wrap-around kitchens, in-unit washer/dryer, ample closet space, and more! Unit A and Unit B residents can enjoy access to a fenced patio, while Unit D boasts a sprawling rooftop deck, perfect for entertaining or relaxing under the stars. Currently fully leased for the 2024-2025 school year, this property generates an impressive gross annual income of $110, 400. With top market rents and 25% estimated operating expenses, the projected net operating income ensures a steady cash flow. Tenants can experience the convenience of living just minutes away from popular student attractions like Geasy Field, Temple Track, and The Liacouras Center. There are approximately 7+ years left on the ten-year tax abatements. Information needs to be verified by a buyer with city tax office. Schedule your appointment today!
Details
- Beds: 12
- Baths: 12.5
- Price: $1,110,000
- Reference No.: 73648597
- Area: 5,923 sqft
Location
Philadelphia PA 19121
12 bedroom house for saleRelated Properties
Disclaimer
2024-07-04, Viewed 0 times.
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-07-04, Viewed 0 times.
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