Huge Legal Duplex with Rental License for 2 Units. Fully Rented, tenants pay all utilities except for water. 1st Floor 1 br/1 ba unit with $1,374 monthly rent (mostly paid by Section 8). 2nd floor 3 br/1 ba unit with Long Term Private Market tenant at $1,500 monthly rent (Section 8 Rents would be around $1800). Total Monthly Income (mostly gov't paid) of $2,874.00 ($34,488/ yr). Upside of additional $3,600 annual income with 2nd Floor Section 8 Tenant. This property is part of a larger 21 property/34 Unit portfolio that is for sale. Contact agent for more details Owner is a PA licensed Real Estate Agent and Attorney.
Listed By
Agency Name: REDBLOCK Realty Inc.
Agency Phone: 2153315252
Shown By
Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655
Estimated Payment
$ 1,954.74 per month $1,673.95 Principal & Interest $179.00 Property Tax $101.79 Homeowner's Insurance
851 E Chelten Avenue | MLS# PAPH2628746
This multi-family property located at 851 E Chelten Avenue, Philadelphia, PA 19138 is currently listed for sale with an asking price of $349,000. E Chelten Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.duffyrealestate.com today.