521 S 42nd St, Philadelphia, PA 19104

$815,000

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List Price
$815,000
Status
COMING SOON
MLS#
PAPH2682436
Lot Size (Acres)
0.09
Year Built
1925
County
Philadelphia
School District
Philadelphia City

Property Description

Excellent investment opportunity featuring a six-unit apartment building and a double-wide garage. The property is fully leased, providing immediate rental income and an attractive addition to any real estate investment portfolio. Property runs street to street, with access to the garage in the rear. Gross annual rent roll is $90,840.00 plus $2,700.00 per year for water. Property is very well located in University City, Philadelphia, within the highly coveted Penn Alexander Catchment area. Just a block away from Clark Park, and within walking distance to numerous shops along the bustling Baltimore Avenue corridor. There is also exceptional public transportation access in the neighborhood. Don’t miss this opportunity to own an income-producing property in Philadelphia!

Additional Information

Area
19104 (19104)
Subdivision
University City
School District
Philadelphia City
Heating
Other
Cooling
Other
Water
Public
Sewer
Public Sewer

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Listing courtesy of New Age Realty Group Inc. Contact: