Description
Welcome to a prime investment opportunity duplex in the heart of North Philadelphia. Situated on the bustling N Broad St, this property offers an ideal location for investors seeking high visibility. Philadelphia's strong rental market and growing population contribute to low vacancy rates, minimizing the risk of prolonged periods without tenants. Investors can enjoy peace of mind knowing their investment property is already producing a cap rate at an impressive 8.3%. With two separate units and separate utilities (electric, heat, cooking, hot water), this property provides the advantage of dual income streams, maximizing your investment returns. Also, tenants pay for water as well as lawn care and snow removal. Whether you choose to rent out both units or occupy one while leasing the other, you'll benefit from consistent cash flow. Excellent rental income will provide a very competitive projected ROI! Please call for further information. Book your showing today!
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0BEDS
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0.04ACRES
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0BATHS
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01/2 BATHS
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2,214SQFT
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$156$/SQFT
Description
Welcome to a prime investment opportunity duplex in the heart of North Philadelphia. Situated on the bustling N Broad St, this property offers an ideal location for investors seeking high visibility. Philadelphia's strong rental market and growing population contribute to low vacancy rates, minimizing the risk of prolonged periods without tenants. Investors can enjoy peace of mind knowing their investment property is already producing a cap rate at an impressive 8.3%. With two separate units and separate utilities (electric, heat, cooking, hot water), this property provides the advantage of dual income streams, maximizing your investment returns. Also, tenants pay for water as well as lawn care and snow removal. Whether you choose to rent out both units or occupy one while leasing the other, you'll benefit from consistent cash flow. Excellent rental income will provide a very competitive projected ROI! Please call for further information. Book your showing today!