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Freshly renovated, large 3 story home located in close proximity to Temple University. Upon entry to the first floor, you~ll find an open floorplan design with living space and open kitchen, soft-close shaker cabinetry, Granite countertops, stainless steel appliance package, and a dedicated laundry closet with machines included. In the rear, you~ll find two nicely sized ground level bedrooms, full bathroom with shower and a beautiful concreate fenced in yard. The next level features 3 bedrooms, large bathroom with a tub and exposed brick walls. On the top level, you~ll discover 2 additional bedrooms. All bathrooms feature gorgeous tile, and modern vanities & hardware. Home features durable luxury vinyl flooring throughout and high traffic carpet on the staircases. A full height, clean unfinished basement houses all brand new mechanical systems - high efficiency heating system, 2 new 50-gallon water heaters, and 200AMP electrical service with new panel. Home was fully gutted - everything is brand new. Perfect for a student rental or a large family. Property will generate a projected $3,000-$3,500 in monthly revenue, based upon a range of $450- $500 per bedroom. This equates to $36,000 - $42,000 of yearly gross revenue. After expenses, an investor should be able to attain a 9-10% CAP rate. 10-year rehabilitation tax abatement has been applied for and pending approval. All figures are projected and not guaranteed. Buyer~s must exercise their own due diligence. Property is currently vacant and ready to show on lockbox. Please contact Nathan firstname.lastname@example.org with any questions or offers.
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Listing information last updated on October 20th, 2019 at 7:43pm EDT.