Description

Amazing opportunity to be an owner occupant in Fishtown! This huge corner lot property is currently used as a duplex with off street parking and access to Wawa, Planet Fitness, IGA Supermarket, 95, and so much more. The first floor 1/1 unit boasts central AC, H/D floors, small side yard, and ceiling fans throughout. The finished basement can be used as a second bedroom or extra storage and has a washer/dryer for added convenience. The current owner upgraded so much including new bathroom and kitchen fixtures, dishwasher, garbage disposal, and built in microwave. A security system with camera and motion sensored flood lights add an extra layer of protection as well. Unit 2 is also a 1/1 with new carpet, ceiling fans throughout, a jacuzzi tub, and dedicated laundry area with built in storage. The second floor recently had a new gas water heater installed and boasts long term, clean, and respectful tenants. Unit 2 is rented for $850/month and on a month to month lease. Please note this unit is zoned RSA5 and buyer is responsible for their own zoning diligence.You won't be able to find this combination of price, location, and space anywhere else in Fishtown so schedule your showing today! Tenant Responsible for: Cable TV, Internet, Electric, Gas, Heat, Hot Water Unit 1: New year long tenants taking possession mid July; Rent $1,300; Approx Sq Footage 1,600. Note that there is a 60 day termination built in to all current leases. Unit 2: Current rent $850; month to month; Projected rent $1,000-$1,100; Approx Sq Footage 900 Net Operating Income: Approx $26,000 Potential. Expenses: Approx $5,000 per year Cap Rate: 6.2%

Inclusion Remarks: Washers,Dryers,Window Ac Units,Attached Appliances,Window/Treatments

Exclusion Remarks: Personal Property Not Affixed To Property