1627 N 56th St, Philadelphia, PA 19131
- $354,900
- 2,226
- SqFt
- List Price
- $354,900
- Days on Market
- 9
- Status
- ACTIVE
- MLS#
- PAPH2666240
- Living Area
- 2,226
- Lot Size (Acres)
- 0.04
- Style
- Traditional
- Year Built
- 1915
- County
- Philadelphia
- School District
- Philadelphia City
Property Description
Income-Producing Investment in Overbrook Park. This triplex features three residential 2 bedroom units with up to date rental licenses. Current/Recent Rents: 2nd Floor – 2 Bedroom: $1,700 /month(just vacated) 1st Floor – 2 Bedroom: $1,650/month (great pha tenant) Lower Level – 2 Bedroom: $1,450 /month (great pha tenant) Total Monthly Rent: $4,800 *Leases available upon request. The property includes laundry machines, an up-to-date fire alarm system, and has recently had the second floor apartment vacated, making it ready for a new owner to lease at current (higher) rates. Please note that all three apartments are below current PHA rent schedule so increases could be applied for. Current PHA payment standards indicate potential rent of $2,010 a month for each of the 2 bedroom apartments. Approximately $5,710/month possible once fully rented with updated rents. *This is an AS-IS, Where-Is Sale. * Seller will consider Cash, HardMoney, and Conventional Loans. Inspections are for informational purposes only.*
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Additional Information
- Area
- 19131 (19131)
- Subdivision
- Overbrook Park
- Taxes
- $3047
- School District
- Philadelphia City
- Heating
- Baseboard - Electric
- Heating Fuel
- Electric
- Cooling
- Window Unit(s)
- Water
- Public
- Sewer
- Public Septic
- Basement
- Yes
Mortgage Calculator
Listing courtesy of Tesla Realty Group, LLC. Contact: 8448375274
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