Description
True Turn Key Duplex available in a rapidly redeveloping neighborhood in West Philadelphia. This Property was completely renovated in 2019 and features 2 all-inclusive studio apartments. Both tenants are good rent payers, and signed 1yr lease agreements in September. Cap Rate is 9%. Taxes are very low. Additional Expenses of Water and Common Area Electric equate to only $1,560 per year. Rents are good. The demand for housing in the area is high. 100% Turn-Key. Bring your offer today!
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0BEDS
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0.01ACRES
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0BATHS
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01/2 BATHS
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650SQFT
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$269$/SQFT
Description
True Turn Key Duplex available in a rapidly redeveloping neighborhood in West Philadelphia. This Property was completely renovated in 2019 and features 2 all-inclusive studio apartments. Both tenants are good rent payers, and signed 1yr lease agreements in September. Cap Rate is 9%. Taxes are very low. Additional Expenses of Water and Common Area Electric equate to only $1,560 per year. Rents are good. The demand for housing in the area is high. 100% Turn-Key. Bring your offer today!
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