Well-maintained two-unit investment property in Northeast Philadelphia with stable rental income from day one. Built as a duplex, this building has two separate 2-bedroom, 1-bath units, one on each floor. Both units are currently leased to long-term tenants at $1,375 per month each, for $2,750 in gross monthly rent ($33,000 annually). Tenants pay their own gas, electric, and water, which keeps owner expenses low. Each unit has central air conditioning, natural gas heat and hot water, an in-unit washer and dryer, a dishwasher, a microwave, and a garbage disposal. A 2-car garage adds off-street parking and storage. This is a turnkey opportunity for investors seeking reliable cash flow, or for a buyer who wants to live in one unit and offset the mortgage with income from the other. Don’t miss this one.
Listed By
Agency Name: Real of Pennsylvania
Agency Phone: 8554500442
Shown By
Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655
Estimated Payment
$ 2,782.84 per month $2,201.55 Principal & Interest $447.42 Property Tax $133.88 Homeowner's Insurance
7611 Horrocks Street | MLS# PAPH2682380
This multi-family property located at 7611 Horrocks Street, Philadelphia, PA 19152 is currently listed for sale with an asking price of $459,000. Horrocks Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.duffyrealestate.com today.