Description
Nestled in the charming Belmont neighborhood of Philadelphia, this duplex presents a lucrative investment opportunity for those seeking a turnkey property in a thriving community. Renovated just a few years ago, this fully rehabbed duplex is in excellent condition. Tasteful finishes, like stainless steel appliances, laminate flooring, tiled back splashes and in unit laundry complete each apartment. This building is currently 100% occupied, with leases ending in February and July of 2024. Unit 1 is a 2 bed, 2 bath unit leasing for $1,375 a month. Unit 2 is a 3 bed, 3 bath unit leasing for $1,860 a month. There is also 7 years left on the tax abatement. Each unit has generous square footage and is equipped with modern appliances and fixtures. Belmont's growing popularity among renters and its potential for future appreciation make it an attractive choice for investors looking to build wealth through real estate.
-
0BEDS
-
0.04ACRES
-
0BATHS
-
01/2 BATHS
-
1,772SQFT
-
$237$/SQFT
Description
Nestled in the charming Belmont neighborhood of Philadelphia, this duplex presents a lucrative investment opportunity for those seeking a turnkey property in a thriving community. Renovated just a few years ago, this fully rehabbed duplex is in excellent condition. Tasteful finishes, like stainless steel appliances, laminate flooring, tiled back splashes and in unit laundry complete each apartment. This building is currently 100% occupied, with leases ending in February and July of 2024. Unit 1 is a 2 bed, 2 bath unit leasing for $1,375 a month. Unit 2 is a 3 bed, 3 bath unit leasing for $1,860 a month. There is also 7 years left on the tax abatement. Each unit has generous square footage and is equipped with modern appliances and fixtures. Belmont's growing popularity among renters and its potential for future appreciation make it an attractive choice for investors looking to build wealth through real estate.
©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Main Line. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-11-28T21:51:33.077.