7032 Paschall Avenue

PHILADELPHIA, PA 19142

  • 6 Bed(s)
  • 3.0 Bath(s)
  • 1,763 Sqft
  • 3410
    Sqft(Lot)
$325,000

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

    Residential
  • Subdivision

    Paschall
  • County

    PHILADELPHIA
  • Style

    Other
  • AD ID

    47682263

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Property Details

  • 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
  • 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
  • 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

    • Possession: Immediate
    • Days Of Market: 2
  • Tax Information

    • Annual Tax: $4,035
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Immediate

    Assessment Information

    • Taxes Assessment Amount: $288,300
  • Parking Information

    • Parking Type: On Street

    Multi-Unit Information

    • Roof: Flat

    Homeowners Association Information

    • Direction: Between S 71st St and S 70th St
  • 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.