PRICE DROP!!! Located in Philadelphia (19133) at 2255 N 12th Street, this fully leased triplex offers a strong and stable cash-flow opportunity for investors. The property generates $4,500 in monthly rental income, totaling $54,000 annually. Annual real estate taxes are approximately $2,082, and annual insurance costs are approximately $3,638, resulting in a Net Operating Income (NOI) of approximately $48,280 per year. Offered at a purchase price of $539,000, the property delivers an approximate 9% capitalization rate (Cap Rate), making it an attractive option for investors seeking consistent income and long-term appreciation. Conveniently located with easy access to public transportation, major roadways, and neighborhood amenities, the property benefits from strong rental demand and presents an excellent opportunity for buy-and-hold investors.
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Listing Snapshot
Price
$539,000
Days On Site
172 Days
Bedrooms
9
Inside Area (SqFt)
3,132 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.03 Acres
Year Built
2015
MLS® Number
PAPH2607548
Status
Active
Property Tax
$2,081
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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