Great opportunity in a desirable and rising neighborhood in Northwest Philly. Ideal for investors, who desire to collect rents. The mixed-use building is located to one of the most major and busy two-lane roads. It is consisted from a first-floor barber shop, rented for $1,350, and a two-bedroom apartment rented for $975 (month to month), both are below market price.
The gross yearly rental income is $27,900 and the only expenses are real estate taxes, insurance, and occasionally maintains. The CAP is about 7.50%.
Price just been reduced to $375,000 and also Seller will finance to a qualified Buyer with $100,000 down.
This is an excellent Investment Opportunity. Can be sold also as a package with the 5146 Haverford Ave
Property Features
Utilities
Sewer Available
Water Available
Electricity Available
Cooling Information
Central Air
Electric
Heating Information
Electric
Forced Air
Water Features
Public
Parking
On Street
Basement
Other
Listing Courtesy: Realty Mark Cityscape-Huntingdon Valley - 215-583-7777