Average square foot calculated using Size range provided by listing agent.
Description
Rare Investment Opportunity: Fully Occupied 7-Unit Multi-Family in a Highly Desirable Location! Welcome to an exceptional investment opportunity in one of the most sought-after neighborhoods! This just-renovated 7-unit multi-family building is almost fully leased just one unit is vacant and producing steady cash flow – a dream for any investor looking for solid returns. Fully Occupied – All units are leased with long-term tenants locked in through 2025, ensuring stable and reliable income. Monthly Income: $5, 800+ – Solid cash flow with a potential 10% cap rate makes this an ideal investment for those looking to maximize returns. 7 Units, Recently Renovated – Modernized with fresh renovations, ensuring minimal future maintenance costs. All Separate Utilities – Tenants cover their own electricity, heating, and hot water, minimizing your operational expenses. Convenient Access to Public Transit: Near SEPTA's R3 Line and a bus stop on Baltimore Pike, offering great accessibility for tenants who rely on public transportation. Steady Cash Flow – With leases in place through 2025, you can count on predictable and consistent rental income. High Demand Area – The combination of public transit access, proximity to schools, and recent renovations makes this property an attractive option for tenants, ensuring low vacancy rates. Strong ROI Potential – The 10% cap rate presents an outstanding opportunity for both short-term profits and long-term equity growth. This turnkey investment offers immediate income and minimal management hassle, with all the hard work already done! Don’t miss out on this rare chance to add a highly profitable, low-maintenance property to your portfolio.Show Description
MLS® NumberPADE2096036
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1940
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatBaseboard - Electric, Electric
A/CWindow Unit(s), Electric
Heating Fuel
Extras
Similar Listings
Get notified of price or status changes by saving this listing