$150,000 $805 est/mo Sourced by Back At You

1650 Orthodox St,Philadelphia, PA 19124

Philadelphia PA, 19124

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Description

Cashflow King. Double Your Dividends: Duplex with 10.7% Cap Rate in Prime Philly Location! Room to increase your cashflow and appreciation. Unit 1 has under market rents, while unit 2 needs updating. Even with one unit vacant the property boasts a 10.7 Cap Rate. Spacious 4-bedroom, 1-bathroom unit: Perfect for groups of any demographic, this unit generates consistent income ( with room to grow ) with ample space for comfortable living. Cozy 1-bedroom, 1-bathroom unit: This unit provides additional rental income and maximizes your return on investment. Update this unit and increase the already healthy rate of return. Minutes from major attractions, vibrant nightlife, and diverse dining options.Easy access to public transportation: Tenants can easily explore the city and surrounding areas without relying on cars.Growing neighborhood with strong rental demand: Benefit from the area's steady development and increasing tenant pool. Separate utilities: Individual meters for each unit minimize tenant disputes and maximize control over expenses.Potential for further value enhancement: Renovate the units or add modern amenities to attract premium renters and further boost your returns.Don't miss out on this rare opportunity to secure a high-performing asset in a desirable Philadelphia location! Contact us today to schedule a viewing and unlock your path to financial freedom with this 10.6% cap rate powerhouse!

Details

MLS#PAPH2310302
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1935
Days On Site140
Listing Provided ByKW Empower | Kalif Celestine

Features

SQ Feet1,280
Units1
ZoningRM1
Acreage0.03

Market Activity 19124

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Listings Checked: 25 minutes ago
StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19124
Area19124
School DistrictPhiladelphia City
Listing VS Median (in 19124)
Price:
$150,000
low | high
Med:
$189,450
23.7% of Average
SqFt:
1,280
low | high
Med:
1,030
69.5703125% of Average
$ / SqFt:
$117
low | high
Med:
$185
7.868786914349% of Average
On Site:
140
low | high
Med:
58
100% of Average
Sourced by Back At You
Listing Updated: May 18, 2024 at 8:41:37 AM PDT