Description
Great opportunity for landlord investors. Located in the up and coming and highly developing section of Philadelphia, this property offers 1 large commercial/retail space with a partial basement and 4 recently renovated apartments. Three of the apartments are 2bd/1ba and the last is a large bi-level unit with 2bd/1.5ba and a private access from Potter St. Rents are conservatively between $1300-$1500/m for the apartments and around $2000-$2500/m for the commercial/retail space, bringing this property to a potentially 9+ cap rate. Property need very little to no renovations and is being sold in As-Is condition.
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0BEDS
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0.06ACRES
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0BATHS
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01/2 BATHS
Description
Great opportunity for landlord investors. Located in the up and coming and highly developing section of Philadelphia, this property offers 1 large commercial/retail space with a partial basement and 4 recently renovated apartments. Three of the apartments are 2bd/1ba and the last is a large bi-level unit with 2bd/1.5ba and a private access from Potter St. Rents are conservatively between $1300-$1500/m for the apartments and around $2000-$2500/m for the commercial/retail space, bringing this property to a potentially 9+ cap rate. Property need very little to no renovations and is being sold in As-Is condition.
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