Fantastic opportunity available now in BOOMING Brewerytown to acquire a turnkey multi unit property. Perfect fit for the savvy investor looking to add to their portfolio, or for the first time landlord beginning their journey to generational wealth. This building consists of three 2 bedroom, 1 bath units that were fully renovated in 2020. All units feature hardwood flooring, modern kitchens with granite countertops and newer stainless steel appliances, recessed lighting, ceiling fans, and freshly painted throughout. All three units have modern three piece tile baths.
UNIT 1: Currently leased, $1095.00 per mth, lease expires 5/31/25
UNIT 2: Currently leased, $1195.00 per mth, lease expires 4/30/25
UNIT 3: Vacant
***Currently listed for rent $1195.00 per mth
***Property is tenant occupied, please allow 24 hours notice for showings.
***UPDATE AS OF 8/13/24*** The owner filed a property tax appeal with the City of Philadelphia and the appeal was approved. The current assessment is $548,000 and will be reduced to $426,600 for 2025, a reduction in the property assessment of ***$121,600.00*** This should result in a significant reduction for the 2025 property taxes. Appeal approval letter is available to view in documents.
Compare listings
Compare