Just Sold: 2923-25 Poplar St, Philadelphia, PA 19130
Just Sold: $685,000
HUGE double wide Quadplex in Art Museum Area with two 2 bed apartments and two 4 bed apartments. Unique opportunity to add property to your portfolio or to owner occupy and let the rental income pay off your mortgage. This property also features large rear yard, balconies with some apartments and coin operated laundry room. Property is zoned for 4 units and separately metered for all utilities except water. Generous well maintained units. Recent improvements include updating kitchens and installing hardwood floors. Attractive and spacious rental units in easy proximity to area Universities, colleges and Medical Institutions, public transportation, Fairmount Park and I -76. Generous cash flow. Unit 1A- $1300, leases ends 4/30/17. Unit 1B- $950, lease ends 10/31/16. Unit #2- $1575. Unit 3- $1575, lease ends 12/31/16. Monthly rent roll – $5.400. Annual rent roll – $64,800.
Frank L. DeFazio, JD (previously licensed to practice law in PA/NJ)
Berkshire Hathaway HomeServices Fox & Roach, REALTORS
530 Walnut Street, Suite 260
Philadelphia, PA 19106
215.521.1623 Direct
610.636.4364 Cellular
888.308.1148 Fax
[email protected]
www.CenterCityTeam.com
PA License # RS299840
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