About this Property
Bedrooms:8
Bathrooms:4
Floors:2.0
Square Footage:3400
Year Built:1940
School District:philadelphia
Garage Size:0.0
Lot Size:.25 ac
Amenities:N/A
2 buildings on 1 tax parcel. Needs about $38000 of work to bring up to standards for 4 plex residential unit, of 2 BR apts times 4. Has courtyard. Neighborhood almost exclusively single family row homes, little apartment competition. Working class area. Final, fixed up value about $105,000. Property taxes very low, rents should total about $1800-$1900/mo. Can devise separate utility setup for individual billing. About 20% /yr return on total capital ($75K) net (assuming no mortgage). Can buy on lease/purchase for total $9200 out of pocket. Email acornfed@netreach.net
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