multifamily
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$266,000
Philadelphia, PA 19104
- 1,935 Sq Ft
- 0.04 Acres
PAPH2424040
Dec 1, 2024
22.00 x 85.00 Square Feet
Trinity
THE SCHOOL DISTRICT OF PHILADELPHIA
$4,372
2024
Brokered By Philadelphia Area Realty
Listed By Michael Hannon
Listed By Michael Hannon
Branch MLS ID/ID: PHLAREA/130509
Agent MLS ID/ID: 3188107/1224028
Directions
42nd and Lancaster
Bright MLS
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Property Details
This is a legal, licensed triplex featuring (3) 1 bedroom/1 bathroom apartments, each with it's own utilities. The 2nd and 3rd floor have been updated and freshly painted. The first floor tenant has been a long term lease. The first floor tenant is now on a month to month lease and willing to move out once a new owner is found. Then the apartment can be updated and rent increased significantly. 1st floor tenant currently pays $775 month rent. After updating apartment should be able to increase the rent to at least $1000. 2nd floor tenant currently pays $900 and 3rd floor pays $875. All units have a separate forced hot air heater, hot water heater and electric panel.