Douglas Krautheim - Coldwell Banker Hearthside
3535 N 16th St
PHILADELPHIA, PA 19140

Description

This is an ideal opportunity to acquire an income producing property in the hottest up and coming neighborhood in the City of Philadelphia, now part of the ~OPPORTUNITY ZONE~, providing tax benefits to investors. Newly constructed Triplexes near Temple Medical School. All units 2 bedrm/2 bath. First Floor Units have a full basement for possible additional bedrooms and bathroom. - Brand New Units - Fully Leased - Tenants Pay Electric and Heat - Granite Countertops - Stainless Steel Appliances - Washer/Dryer in Each Unit - Blocks from Septa Broad/Erie Line Hub.**PRICE SHOWN IS FOR EACH ADDRESS. CAN BE PURCHASED WITH 3537 N 16TH ST FOR $1,199,000. Annual Income for both properties is $96,000. Total Expenses approx. $9,738. NOI = $86,262 approx.

Details

MLS#PAPH505554
Sub-TypeResale
StatusActive
Year2017
Days On Site26

Features

Units3

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19140
Area19140 (19140)
Listing VS Median (in 19140)
Price:
$599,000
low | high
Med:
$69,900
100% of Average
On Site:
26
low | high
Med:
12
100% of Average
Listing Updated: 01/21/2019
MLS Number: PAPH505554
Listing Provided By:
Richard B Natow  of  Prestige Group Inc

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