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Key Facts

Type Townhouse
Levels Residential
Size 1215 sqft
Garage No
Taxes $1,491
Days Active 69
Lot Size 
Approx. Age 1925
Avg. Price Per Sqft $135
MLS® Number PAPH2467386

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Calling all investors and owner occupants! Turnkey Investment Opportunity in West Philadelphia This updated 3-bedroom, 1-bathroom home offers 1, 215 square feet of rental-ready living space and is currently leased through the Philadelphia Housing Authority (PHA), generating a reliable annual rent roll of $20, 280.00 with room to increase as the current PHA standard is $2, 136/mo. Renovated in 2022, the property features major capital improvements, including a new roof, fresh interior and exterior paint, updated kitchen and bathroom, new appliances, new flooring throughout, and a new water heater. Minimal maintenance is expected in the near term, making this a low-risk, high-yield addition to any portfolio. Located just minutes from public transportation, University City, local parks, and neighborhood amenities, this property is ideally situated for strong long-term tenant demand. The PHA lease ensures consistent monthly income with government-backed security. Whether you're a seasoned investor or looking to start building passive income, this property checks all the boxes.Show Description
MLS® NumberPAPH2467386
Laundry Level
Central VacNo
FireplaceNo
Acreage0.03
Exterior
GarageNo
Approx. Age1925
BasementFull
DrivewayOn Street
Garage Spaces
HeatRadiator, Natural Gas
A/CNone
Heating Fuel

Extras

Appliances in as-is condition

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