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MLS® ID: PAPH796096

435 S 51ST STREET

PHILADELPHIA, Pennsylvania, 19143

$465,000 Active
  • 6 Beds
  • 4 Baths
  • 2930 SQFT
Parkview! Amazing 4 unit twin facing the park is the perfect addition to your rental portfolio! The ROI is great as-is, but there is even more upside potential with smart building improvements and as the neighborhood continues to grow. 1st fl front unit is a 1 bedroom bi-level, recently completely renovated, with lower level areas. 1R is also a 1 bedroom unit, recently renovated, with direct access to the yard space. Unit 2 is a full floor, railroad style, 2 bedroom unit with great light and park views out of the front windows. Top floor unit is a large 2 bedroom space with a great long term tenant. All utilities are fully separated and separately metered. The building operates at a fantastic cap rate, even when factoring in operating expenses. Great location close to Baltimore ave, public transportation options, area Universities. It just makes sense. Gross rents include estimated rent for vacant unit 1F. With estimate for 1F building operates at a 7.2 cap rate. Rents are under market and have upside potential. Buy today, collect rents tomorrow, congratulate yourself on a wise investment every day after.
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Listing courtesy of Compass Pennsylvania, LLC

Amenities

  • Full baths
    4
  • Half baths
    0
  • Full Baths Range
    4+ Baths
  • Total Baths
    4
  • Zip
    19143
  • Office name
    Compass Pennsylvania, LLC
  • Subdivision
    CEDAR PARK
  • SQFT
    2930
  • Bedrooms
    6
  • Property type
    Residential
  • Zoning type
    RSA3
  • School district
    THE SCHOOL DISTRICT OF PHILADELPHIA
  • Year built
    1925
  • Lot size
    0.05
  • Sewer
    Public Sewer
  • Heating
    Radiator
  • Agent name
    Patrick G Campbell
  • Purchase Type
    Active
  • Price Range
    $400k-$500k
  • Square Feet Range
    2500-3000 sq ft.
  • Bedrooms Range
    6 Beds
  • Year Built Range
    1989 (and earlier)
  • Office ID
    COMPASS1
  • Agent ID
    3126946

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