Freshly renovated, large 3 story home located in close proximity to Temple University. Upon entry to the first floor, you~ll find an open floorplan design with living space and wraparound kitchen with bar seating, soft-close shaker cabinetry, Calacatta quartz countertops, stainless steel appliance package, and more. In the rear, you~ll find a nicely sized ground level bedroom and full bathroom with shower.The next level features 2 bedrooms, large bathroom with tub, and a dedicated laundry closet - machines included. On the top level, you~ll discover 3 additional bedrooms and a full bathroom with shower. All bathrooms feature slate gray floor tile, subway tiled shower/tub walls, and modern vanities & hardware. Home features durable engineered wood flooring throughout and high traffic carpet on the staircases. A full height, clean unfinished basement houses all brand new mechanical systems - high efficiency heating & AC system, new 80 gallon water heater, and 200AMP electrical service with new panel. Home was fully gutted - everything is brand new. Perfect for a student rental or a large family. Property will generate a projected $2,700-$3,000 in monthly revenue, based upon a range of $450- $500 per bedroom. This equates to $32,400 - $36,000 of yearly gross revenue. After expenses, an investor should be able to attain a 9-10% CAP rate. Current annual taxes for 2019 show approximately $174.61 according to the OPA website. 10 year rehabilitation tax abatement has been applied for. All figures are projected and not guaranteed. Buyer~s must exercise their own due diligence. Property is currently vacant and ready to show on lockbox. Please contact co-listing agent, Daniel Kostinsky at firstname.lastname@example.org with any questions or offers.
THE SCHOOL DISTRICT OF PHILADELPHIA
Keller Williams Philadelphia.
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Listing information last updated on September 22nd, 2019 at 12:45pm EDT.