FULLY RENTED , TURN IN KEY, INCOME GENERATING DUPLEX !!! Welcome to this incredible investment opportunity! This newly constructed duplex is situated in a prime location just steps away from Temple University Main Campus and conveniently close to the subway and bus stop on Broad Street. The duplex boasts high-end finishes throughout, and each unit is a spacious 3 bed x 3 bath, perfect for maximizing rental income. With a full 10-year tax abatement, this property is a cash flow machine with a high % cap rate return on investment, even with a 7.5 % mortgage! Unit #1 is already rented out for $1800 monthly, making this an ideal investment for those who want to live in one unit and rent out the other. Unit #2 has been rented for $2000. This amazing product is collecting $3800 rent + 100$ water charge. The attention to detail and design is evident as soon as you walk in the door, and this is a rare opportunity to invest in a property with tremendous upside for rapid appreciation. Don't miss out on this fantastic investment opportunity located right by Broad Street!
The income description goes here to explain
List Price | $650,000 |
Property Type | Duplex (2-units) |
Usable Sqft | 3,000 |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 2022 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 371367600 |
MLS # | PAPH2395232 |
Property ID | 294348364 |
Lot Sqft | 965 |
Zoning | RM1 |
Total Units | 2 |
Days on Market | 74 |
Original List Price | Unknown |
Date Updated | October 11, 2024 |
Date Created | September 09, 2024 |
Unit # | Beds | Baths | Current Rent | Proforma Rent |
Unit #1 | $45,600 | $0 |
Gazi Ataseven an agent of . Lic #RS343292
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT