Quadplex for just 169k in Opportunity Zone! Terrific location, high double-digits cap rate ideal for long term cashflow investors. Potential gross rental income over $30,000 annually. Steps from Jefferson-Frankford Hospital and a few blocks walk to Frankford Terminal for both buses and trains (subway) leading straight to Center City Philadelphia makes it a great location and convenience for tenants. Proven great demand from prospective tenants. Taxes and insurance are low. Rental locks installed in every unit. • Units may be rented for at least $2,500/month (3x$600 + 1x$700) from previous experience. Demand suggests these numbers can be increased. • Taxes: $1,389 (annual) • Insurance: $1,148 (annual) • Refuse fee: $150 (annual) • License: $300 (annual)
Extra Information for 1607 Harrison St Philadelphia, PA 19124
- Seller Type: By Owner
- Category: Single-Family Houses
- Square Feet: 1809
- Year: 1940
- Listed Date: Aug 30, 2019
