I am pleased to present an investment opportunity in a rising neighborhood in Northwest Philadelphia. This mixed-use building is ideal for an investor looking for rental income or an owner-operator for the commercial space. Property Highlights: - Location: Situated on a high-traffic artery. - Layout & Income: Features a first-floor barber shop currently rented for $1,350/month and a two-bedroom apartment rented month-to-month for $1,050/month. Both rents are below market rate. - Inclusions: All barber shop equipment is included in the sale. - Financials: Gross yearly rental income is $28,800 with an approximate 7% CAP rate. Expenses are limited to real estate taxes, insurance, and maintenance. The listing price is excellent. Additionally, the seller is offering financing to a qualified buyer with a $100,000 down payment. Please let me know if you would like to receive more details or schedule a viewing.
Listed By
Agency Name: Realty Mark Cityscape-Huntingdon Valley
Agency Phone: 2155837777
Shown By
Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655
Estimated Payment
$ 2,035.94 per month $1,798.65 Principal & Interest $127.92 Property Tax $109.38 Homeowner's Insurance
5144 Haverford Avenue | MLS# PAPH2444958
This multi-family property located at 5144 Haverford Avenue, Philadelphia, PA 19139 is currently listed for sale with an asking price of $375,000. Haverford Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.duffyrealestate.com today.