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Philadelphia, PA, 19138
Legal Duplex with Rental License for 2 Units. Fully Rented, tenants pay all utilities except for water. 1st Floor 2 br/1 ba unit with $1660 monthly rent (mostly paid by City). 2nd floor 3 br/2 ba unit with Section 8 tenant at $2000 monthly rent. Total Monthly Income (mostly gov't paid) of $3,660.00 ($43,920/ yr). Remodeled from top to bottom 3 years ago. New HVAC, New Electric, New Plumbing, New Kitchens/Baths/etc. Don't delay in buying this cash cow that will make you money on day 1. Also available for a package sale is an identical property next door at 5845 Crittenden Street with similar Financials ($3,404 Section 8 Rents) and Fully Rented. Imagine buying a combined 4-plex with day 1 Section 8 rents of $7,064/month ($84,768/yr). Owner is a PA licensed Real Estate Agent and Attorney.
Listed by: Emanuel Kosacci, REDBLOCK Realty Inc.
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