2224 W Montgomery Ave
PHILADELPHIA, PA 19121

Description

Great investment opportunity to purchase a multi unit with cash flow and fully tenant occupied. Location is everything...minutes from center city, Temple University, Broad Street and I76/676. This location provides access for walking, biking or busing. Take a walk to Fairmount park and stroll on Kelly Drive. Check property currently brings in $2,200 a month. Three - one bedroom units and one studio (on the first level) currently being used a fitness studio. Tenants pay electric and gas. Separate meters for each unit. Rent Rolls are: Unit One (Studio): $500, Unit Two (one bedroom) $525, Unit Three (One bedroom) $650, and Unit 4 (One bedroom) $525. Rent potential is $750 a month per unit. This is great for an investor to get an immediate return on their investment! Put an offer in today. Property being sold as is. 48hr Notice Tenant occupied. Cash offers, 203k, private and hard money financing. Being SOLD AS IS.

Details

MLS#PAPH719182
Sub-TypeResale
StatusActive
Year1915
Days On Site116

Features

SQ Feet2,550
Units4

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Area Information

StatePA
CityPHILADELPHIA
Zip Code19121
Area19121 (19121)
Listing VS Median (in 19121)
Price:
$175,000
low | high
Med:
$102,000
91.714285714286% of Average
SqFt:
2,550
low | high
Med:
0
100% of Average
$ / SqFt:
$69
low | high
Med:
$0
100% of Average
On Site:
116
low | high
Med:
29
100% of Average
Listing Updated: 06/16/2019
MLS Number: PAPH719182
Listing Provided By:
Jennifer L. Jones  of  Realty Mark Cityscape
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