Immediate Cash Flow Potential! Investment Opportunity: Multifamily Tri-Plex! All units are vacant.
This property offers a compelling opportunity for rental income, with projections exceeding $3,000 per month and an estimated cap rate of over 10%. The property is being sold as-is at a competitive price. You can choose to live in one unit while renting out the others, or enhance your portfolio by renting all three! This property is priced to sell quickly.
Property Details: The tri-plex comprises three distinct units:
First Floor Unit: Features spacious living quarters, a full kitchen, two bedrooms, and one bathroom.
Second Floor Unit: Boasts updated flooring and bathroom, along with a generous floor plan including a full kitchen, two bedrooms, and a complete bathroom.
Third Floor Unit: Offers one bedroom, one full bathroom, and an eat-in kitchen.
Key Features:
Located in a highly desirable neighborhood, this property presents perfect affordability.
The property includes a large front patio and a basement with convenient access doors for easy maintenance of the heating, electrical, fire alarm controls and plumbing systems.
Equipped with a comprehensive fire alarm system, the building also comes with a “lead safe” approved and passed certificate. Some photos have been virtually staged.
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Listing Snapshot
Price
$224,999
Days On Site
289 Days
Bedrooms
5
Inside Area (SqFt)
1,840 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.05 Acres
Year Built
1940
MLS® Number
PAPH2568438
Status
Active
Property Tax
$3,017
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
38 minutes ago
Status changed to Active
38 minutes ago
Price changed to $224,999
38 minutes ago
Listing updated with changes from the MLS®
10 months ago
Listing first seen on site
General Features
Acres
0.05
Cross Street
LINDLEY
Foundation
Stone
Parking
On Street
Property Sub Type
Triplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
1840
SqFt Total
1840
Style
Other
Utilities
Natural Gas AvailableSewer AvailableWater AvailableElectricity Available
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