PROPERTY OVERVIEW* 3 Bedrooms / 3 Bathrooms* Approximately 2,074 Sq Ft* Three-Story Townhouse* Built in 2016* Hardwood Flooring* Central Heating* In-Unit Washer & Dryer
Modern Construction* Northern Liberties LocationTURNKEY INVESTMENT: Property is being offered as a turnkey, tenant-occupied investment with an existing income stream. No immediate renovation project is being marketed. EXISTING RENTAL INCOME* Monthly Rent: $3,200* Annual Rental Income: $38,400* Current Tenant in Place* Lease Through: August 31, 2027Gross Annual Return: 7.18%The buyer receives an existing rental income opportunity, subject to lease assignment and closing arrangements. STRONG NORTHERN LIBERTIES COMPSRecent nearby townhouse sales:Comparable Sold Price Bedrooms Sq Ft628 N 5th St $669,000 3 2,337626 N 5th St $645,000 3 2,337900 N 5th St $655,000 3 1,977412 N Front St #27 $550,000 3 2,030919 N 5th St #12 $554,900 3 1,854151 W Laurel St #A $690,000 3 2,151These comparable properties provide strong neighborhood reference points, with several closely matching the subject's size and bedroom count. PRIME NORTHERN LIBERTIES LOCATIONEnjoy convenient access to:* The Piazza at Schmidt's Commons* Liberty Lands Park* Northern Liberties restaurants and nightlife* Fishtown shopping and entertainment* Old City and Center City* SEPTA public transportation* Local coffee shops, restaurants, and boutiques DEAL SNAPSHOTAsking Price: $535,000Monthly Income: $3,200Annual Gross Income: $38,400Lease Expiration: August 31, 2027A turnkey investment opportunity in one of Philadelphia's desirable urban neighborhoods, with an existing tenant and rental income already in place. CALL OR TEXT614-660-5357Contact us for additional photos, lease details, property information, and showing arrangements.
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The seller picked no comps. Investimate’s own value for this home is $659,000.