💰Off Market Duplex - $65k Purchase bringing in $1,400 month🔥🔥

Philadelphia County, Philadelphia, PA, 19134
Sold
Listed at: March 7th, 2022
Price
$58,000
ARV
$120,000
Gross Margin
$62,000
Sq. Footage
1064
Type
Multifamily
Parking
Street
Year build
1920
Lot size
708.00 sqft
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Address: 3154 Reach St, Philadelphia PA 19134


Off-market duplex in the heart of Kensington, two blocks from the park. Colossal cash flow on this deal with tenants in place. You will not find cash flow like this on the MLS! Currently bringing in $1,400 per month in rents! TENANTS IN PLACE!


Single-family comps up to $130k.


Unit 1 - $600 / month

1 bed / 1 bath

Long term month-to-month lease - tenants want to stay


Unit 2 - $800 / month

2 bed / 1 bath

Long term month-to-month lease - tenants want to stay


Landlord pays water only; tenants responsible for all other utilities.

Property is zoned RSA5.


Pics- https://drive.google.com/drive/u/0/folders/1USajNPHrMhJi1NFYmpwyATSCGtU9V-kq

DISCLAIMER: This is an assignment of contract. We have a legally binding contract with the Seller giving us exclusive rights to purchase the property. We do not represent the owner. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
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