5651 N 20TH Street

    PHILADELPHIA, PA 19144
    • $164,900
    • STATUS: Active
    • ON SITE: 144 days
    • ID#: PAPH804412
    UPDATED: 64 min ago
    $164,900
    • 3
      BEDS
    • 0.03
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 1,434
      SQFT
    • $115
      $/SQFT
    Neighborhood:
    Type:
    Villa/Townhouse
    Built:
    1940
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Investor alert! 3 beds, 1 bath fully rented investment opportunity 1 block from La Salle University. Currently rented out at 1,450 per month, all utilities are paid by tenants including the water/sewer, generating positive cash flow. At asking price this property has an amazing 9% cap rate, with just a little updating rent could be increased to 2,000 a month yielding a 12.7% cap rate. This property has low taxes, replaced windows, hardwood floors/ceramic tile throughout, full basement, off street parking and an attached garage. The location makes renting very easy; you will never need to worry about vacancies!

    Monthly Payment Calculator

    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-11-16T19:52:06.627.
    www.locomusings.com/homes/96249972

    5651 N 20TH Street PHILADELPHIA, PA 19144

    • Price: $164,900
    • Status: Active
    • Updated: 64 min ago
    • ID#: PAPH804412
    3
    Beds
    1
    Baths
    0
    ½ Baths
    0.03
    Acres
    1,434
    SQFT
    $115
    $/SQFT
    1940
    Built
    Neighborhood:
    Ogontz
    County:
    Philadelphia
    Area:
    19141 (19141)
    Elementary School:
    Joseph Pennell
    Middle School:
    Theodore Roosevelt
    High School:
    Germantown
    School District:
    The School District Of Philadelphia
    Property Description
    Investor alert! 3 beds, 1 bath fully rented investment opportunity 1 block from La Salle University. Currently rented out at 1,450 per month, all utilities are paid by tenants including the water/sewer, generating positive cash flow. At asking price this property has an amazing 9% cap rate, with just a little updating rent could be increased to 2,000 a month yielding a 12.7% cap rate. This property has low taxes, replaced windows, hardwood floors/ceramic tile throughout, full basement, off street parking and an attached garage. The location makes renting very easy; you will never need to worry about vacancies!
    Exterior Features

    Architectural Style Straight Thru Construction Materials Masonry Garage Spaces 1.00 Garage Type Garage - Rear Entry Garage YN Yes Other Structures Above GradeBelow Grade Parking Types Attached Garage Pool No Pool Riparian Rights YN No Roof Rubber Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 1434 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(S) Exclusions Tenants Personal Property Fireplace YN Yes Fireplaces Total 0 Flooring Ceramic TileHardwood Heating Radiator Heating YN Yes Inclusions WasherDryerRefrigerator All in "As is" Condition Laundry Type Basement Levels 2 Main Level Bedrooms 0 Pets Allowed Cats OkDogs Ok Rooms Total 6 Spa YN No Upper Level1 Bedrooms 3

    Property Features

    Acceptable Financing CashConventional Accessibility Features None Assessment Year 2019 Association YN No Central Air YN No Condo YN No Cooling Fuel Electric Cross Street W Chew Ave Foundation Details Block Heating Fuel Natural Gas Historic YN No Incorporated City Name Philadelphia Lease Considered YN No Navigable Water YN N New Construction YN No Original MLSNumber 301773700532 Ownership Interest Fee Simple Pets Allowed YN Yes Possession Immediate Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Row/Townhouse Tax Annual Amount 1956.0 Tax Assessment Amount 139700.0 Tax Lot 175 Total Actual Rent 8.40 Vacation Rental YN No Water Source Public Hook-Up Available Zoning Rm1

    Listing courtesy of Salomon Realty Llc.
    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-11-16T19:52:06.627.
     
    LoCoMusings | Century 21 Redwood Realty
    540 Fort Evans Road Suite 303
    Leesburg VA, 20176