Looking for your next investment opportunity? This 3-bedroom townhouse in Philadelphia offers investors a great opportunity to add a rental property to their portfolio, with light cosmetic improvements needed and several updates already completed!
Currently tenant-occupied, with a reported monthly rent of $1,500, this property offers potential for buy-and-hold investors as well as flippers looking for a manageable renovation project.
Property Highlights:
Townhouse
3 Bed / 1 Bath
1,430 Sq. Ft.
1925 Year Built
Back Deck
Currently Tenant-Occupied
Reported Monthly Rent: $1,500
Recent Updates:
Roof Replaced Approximately 6 Years Ago
Electrical Panel Updated Recently
Kitchen Cabinets Replaced Recently
Windows Recently Replaced by the City
Potential Rehab:
Replace Peel-and-Stick Flooring
Interior Painting
As-Is Comparable Sales:
1524 N 55th St, Philadelphia, PA 19131 — $132,000 | 3 Bed / 1 Bath | 1,123 Sq. Ft.
1539 N Allison St, Philadelphia, PA 19131 — $120,000 | 3 Bed / 1 Bath | 1,104 Sq. Ft.
1501 N 58th St, Philadelphia, PA 19131 — $100,000 | 3 Bed / 1 Bath | 1,200 Sq. Ft.
ARV Comps:
5512 Master St, Philadelphia, PA 19131 — $240,000 | 3 Bed / 1.5 Bath | 1,594 Sq. Ft.
1249 N Frazier St, Philadelphia, PA 19131 — $244,000 | 3 Bed / 1 Bath | 1,196 Sq. Ft.
5787 Hunter St, Philadelphia, PA 19131 — $227,000 | 3 Bed / 1.5 Bath | 1,120 Sq. Ft.
Submit your offer or call Oliver @ (202) 742-6169
More About This Property
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Nearby Markets12 cities · 8 counties · 12 ZIP codes
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ARV $240,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $84,000.