Description
It is a 21 unit (20 residential, 1 small commercial)
66 bedrooms, 66 bathrooms in total, 13 parking spots
Fully occupied with group leases until 7/31/22, working on renewals now for 2023.
Tenants pay for all utilities except for water. The 4 and 5 bed new leases as of 8/22 will pay water contributions.
The owner just redid the entire exterior and there are roof warranties in place as well.
Rent Roll is around $516,000/year and will increase when new leases come into play. Can be purchased along with two other duplexes on 18th. Projected rent roll for 8/1/2022-7/31/2023 is $568,260.00
Location
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Courtesy of: Keller Williams Philadelphia Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 16th August, 2022 3:51 PM (UTC)
