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320 N 62nd St, Philadelphia, PA 19139

$395,000
: 2,700
SqFt

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List Price: $395,000
Price Change: ▼ $4,000 1791270622
Days on Market: 160
Status: ACTIVE
MLS#: PAPH2616122
Living Area: 2,700
Lot Size (Acres): 0.04
Style: Contemporary
Year Built: 1915
County: Philadelphia
School District: The School District Of Philadelphia

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Property Description

STABLE INVESTMENT OPPORTUNITY!!! WELCOME TO THIS TOP-NOTCH FINISHED, ALMOST BRAND-NEW, FULLY RENOVATED 2023 INCOME-GENERATING TRIPLEX LOCATED IN ONE OF PHILADELPHIA’S RAPIDLY DEVELOPING NEIGHBORHOODS! THIS AMAZING PROPERTY FEATURES 3 WELL-DESIGNED UNITS WITH STRONG RENTAL POTENTIAL AND IMMEDIATE CASH FLOW. UNIT BREAKDOWN: • UNIT #1 – 2 BEDROOMS, 1 BATHROOM – CURRENTLY RENTED FOR $1,325/MONTH • UNIT #2 – 2 BEDROOMS, 1 BATHROOM – CURRENTLY RENTED FOR $1,325/MONTH • UNIT #3 – STUDIO UNIT – CURRENTLY IN THE RENTING PROCESS THE PROPERTY WAS COMPLETELY UPDATED IN 2023 AND OFFERS MODERN FINISHES, UPDATED SYSTEMS, AND LOW-MAINTENANCE OWNERSHIP. ADDITIONALLY, THE PROPERTY HAS APPROXIMATELY 7 YEARS REMAINING ON AN APPROVED TAX ABATEMENT, PROVIDING A STRONG AND STABLE INVESTMENT OPPORTUNITY WITH LONG-TERM SAVINGS AND CASH FLOW POTENTIAL. PERFECT FOR INVESTORS LOOKING TO ADD A TURNKEY, INCOME-PRODUCING PROPERTY TO THEIR PORTFOLIO!

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Additional Information

Area: 19139 (19139)
School District: The School District Of Philadelphia
Heating: Forced Air, Electric Baseboard
Cooling: Central Air
Water: Public
Sewer: Public Sewer
Basement: Unfinished