Description
Live-in investment opportunity with incredible earning potential
unlock the potential of real estate investment with this stunning, modern duplex in the 19142 philadelphia area. this versatile property is ideal for live-in investors or seasoned landlords ready to expand their portfolio. with one unit currently rented to a reliable tenant, you’ll benefit from immediate income on day one!
features:
unit 1 (2 floors): 3 beds, 1.5 baths
unit 2 (1 floor): 3 beds, 1 bath
renovations with modern amenities: all-new appliances (washer, dryer, refrigerator, stove), high-end laminate floors, modern doors, hardware, and fixtures. upgraded kitchens with tall cabinets, quartz countertops, and workstation sinks with led-lit faucets. new bathrooms boast tiled finishes, touchless smart toilets with built-in bidets, led-lit mirror medicine cabinets with defog and sockets, plus multi-functional shower panels with display screens.
investment highlights:
projected rent income: $3,500/month or $42,000/year
mortgage savings for live-in investor: with an estimated mortgage of $2,000 per month, a live-in investor could offset around $1,700 monthly by renting one unit. alternatively, rent out both units and enjoy a potential monthly profit of $1,500!
tax benefits: with an llc structure, landlord investors could benefit from significant tax advantages, such as write-offs for repairs, depreciation, and mortgage interest.
potential roi in 2 years: with rental income and rising property values in philadelphia, this property is a sound investment that could deliver returns in as little as two years—or sooner with the right mortgage plan.
new developments nearby: the neighborhood is growing, with developments like a new amazon hub just blocks away and a condominium project in progress, adding value and appeal to the area.
family-friendly and convenient: a charter school within walking distance and a nearby church make this a prime rental area for families.
close to major transportation: only 10 minutes from philadelphia international airport, with public transportation just a block away for convenient city access.
benefits for buyers:
live-in investor option: live in one unit and let the rent from the other offset your mortgage while you build equity over time.
immediate income stream: the property has a reliable, long-term tenant currently paying competitive rent, creating an instant cash flow.
high-growth area: philadelphia home prices have been steadily increasing, making this property an excellent wealth-building asset with substantial appreciation potential.
perfect for new investors!
this low-risk, high-reward property is perfect for first-time investors who want to kickstart their portfolio with minimal hassle and a clear path to financial growth. secure this duplex today to start building wealth in one of philadelphia’s most promising neighborhoods.
monthly income and expenses:
rental income: $3,500/month
mortgage (piti - principal, interest, taxes, insurance): $2,000/month
net income: $3,500 - $2,000 = $1,500/ month
annual cash flow:
monthly net income: $1,500
annual net income: $1,500 x 12 = $18,000
initial investment:
down payment: $65,000 (on a sales price of $325,000)
roi calculation:
roi=(annual net income/initial investment)×100
now let’s plug in the numbers:
roi=(18,000 / 65,000)×100
the roi on this property is approximately 27.69% based on the annual net income and initial investment. this is a strong return, especially for a rental property.
-8%–12% roi: typically considered good for rental properties, especially in stable markets. this range usually accounts for average rental property returns after expenses.
-15%–20%+ roi: considered excellent for rental properties. achieving this range often involves buying undervalued properties, making improvements, or investing in high-demand rental markets.
the property can also be delivered vacant.
book your showing! also listed as a multifamily, mls id:paph2386860
Property Type
ResidentialSubdivision
PaschallCounty
PHILADELPHIAStyle
OtherAD ID
47682263
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 6
- Master Bedroom Level: 3
- Total Bedroom (Upper): 3
- Bedroom Upper Level 1: 3
Bathroom Information
- Total Baths: 3
- Full Baths: 3
Water/Sewer
- Water Source : Public
Interior Features
- Roof : Flat
- Exterior Property Features : Sidewalks,Street Lights
- Basement Description: Other
Roofing Information
- Flat
Heating & Cooling
- Cooling: Other
- Heating: Other
- Cooling Fuel: Other
- Heating Fuel: Other
-
Exterior Features
Building Information
- Exterior Features: Sidewalks,Street Lights
- Year Built: 1915
- Structure: End of Row/Townhouse
- New Construction: No
- Built: 1915
- Construction Material: Masonry
- Roof: Flat
- Foundation/Basement: Brick/Mortar
- Architecture: Other
- Pool/Private: No Pool
- Roof Type: Flat
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Other
-
Property / Lot Details
Lot Information
- Lot Size: 3,410
- Dimensions: 31.00 x 110.00
- Lot Size (Acres): 0.08
- Architectural Style: Other
- Main Square Feet: 3,410
Property Information
- SQ ft: 1,763
- SQ ft (Living Area): 1,763
- Total Lot SQ ft: 3,410
- Subdivision: PASCHALL
- Appx. Lot Dimensions: 31.00 x 110.00
- Total Acreage: 0.08
- New Construction: No
- Type: Other
-
Listing Information
Listing Information
- Possession: Immediate
- Days Of Market: 2
-
Taxes / Assessments
Tax Information
- Annual Tax: $4,035
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Immediate
Assessment Information
- Taxes Assessment Amount: $288,300
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: On Street
Multi-Unit Information
- Roof: Flat
Homeowners Association Information
- Direction: Between S 71st St and S 70th St
-
School, Utilities & Location Details
School Information
- School District: PHILADELPHIA CITY
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Other
- Heating Fuel: Other
- Hot Water: Other
Location Information
- Direction: Between S 71st St and S 70th St
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BuyOwner last updated this listing 11/23/2024 @ 04:44
- MLS: PAPH2421690
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Home, with 6 bedrooms which is for sale, it has 1,763 sqft, 3,410 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of PHILADELPHIA , in zip code 19142, this PHILADELPHIA County Home , it is in the PASCHALL Subdivision, are nearby neighborhoods.