Welcome to 4338 Cresson Street! This triplex is located in the heart of Manayunk and offers a wonderful investment opportunity for the next owner. The property consists of a commercial/storefront unit which is an established hair salon (currently renting for $1,250/mo. plus the tenant pays the property's full water bill), a two bedroom / one bathroom residential unit (currently renting for $1,600/mo.) and a three bedroom / two bathroom unit (currently renting for $1,950/mo.) which results in a total rent roll of $4800/mo. (or $57,600/yr). Many recent improvements have been made to the property at the expense of the current owner including: window replacement, new appliances, plumbing repairs, electrical repairs, and HVAC repairs/improvements. This must-see, low-maintenance property provides stable income in an established, walkable location! All units are currently occupied so notice is needed and the property can only be shown on certain days/times.
Agency Name: Duffy Real Estate-Narberth
Agent Name: John S. Duffy
Agency Phone: (610) 667-6655 ext. 33
Estimated Payment$ 2,941.24 per month $2,459.70 Principal & Interest $299.25 Property Tax $182.29 Homeowner's Insurance
4338 Cresson Street | MLS# PAPH2160116
This multi-family property located at 4338 Cresson Street, Philadelphia, PA 19127 is currently listed for sale by Duffy Real Estate-Narberth, with an asking price of $625,000. Cresson Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.duffyrealestate.com today.