Carlos Masip
This listing was posted on RealtyWW.
$339,000
Market St, Philadelphia, Home For Sale
Price:
$339,000
BR/BA:
3 BR
Location:
5556 Market St, Philadelphia, PA
Description:
Welcome to your next investment opportunity! This turnkey mixed-use building promises excellent cash flow and minimal overhead, making it an investor's dream. Nestled in the burgeoning Walnut Hill section of Philadelphia, adjacent to the esteemed University of Pennsylvania, this property boasts three units ripe for income generation. Positioned conveniently on Market Street's south side, mere steps from the SEPTA 56th Street EL stop, accessibility is unmatched. Your tenants will relish the swift commute to Penn, Drexel, or downtown Philadelphia, thanks to the nearby elevated train. The ground floor fronts a versatile commercial space, zoned CMX2 to accommodate various business endeavors. Currently leased at $725 per month, this unit offers immediate returns. Meanwhile, the rear residential unit on the first floor presents a spacious one-bedroom apartment with kitchen, bath, flooring, heater, and washer/dryer. Priced at $1000 per month, its private fenced yard adds an extra allure. Ascending to the second floor reveals a charming two-bedroom unit, boasting a ceramic-tiled kitchen, pergo flooring, and modern amenities like high-efficiency gas forced air heat and central air. With a rental income of $1100 per month, its enclosed porch could easily transform into a third bedroom, maximizing returns. To sweeten the deal, the property offers off-street parking for 1-2 cars, potentially yielding an additional $50-$100 per month in rent. Resting on a generous 125-foot deep lot with a convenient rear alley/private driveway, convenience and flexibility abound. Whether you're eyeing a 1031 exchange, a cash sale, commercial financing, or envisioning yourself as an owner-operator, this offering caters to diverse investment strategies. Don't miss out on this golden opportunity to secure your foothold in Philadelphia's thriving real estate market!For more details: https://realtyww.info/homes_philadelphia-d523146/for-sale_i77118767
Property Type:
Single-Family Houses
Amenities:
AC, Parking, Patio/Deck, Washer Dryer
Posted:
October 22 on RealtyWW
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More About this Listing: Market St, Philadelphia, Home For Sale
Market St, Philadelphia, Home For Sale is a Three Bedroom Single-Family Homes for Sale at 5556 Market St in Philadelphia PA. Find other listings like Market St, Philadelphia, Home For Sale and listings near 5556 Market St by searching Oodle Classifieds for Three Bedroom Single-Family Homes for Sale in Philadelphia PA.
Market St, Philadelphia, Home For Sale is a Three Bedroom Single-Family Homes for Sale at 5556 Market St in Philadelphia PA. Find other listings like Market St, Philadelphia, Home For Sale and listings near 5556 Market St by searching Oodle Classifieds for Three Bedroom Single-Family Homes for Sale in Philadelphia PA.