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435 S 51ST STREET

$450,000 435 S 51ST STREET, PHILADELPHIA, PA 19143
Parkview! Amazing 4 unit twin facing the park is the perfect addition to your rental portfolio! The ROI is great as-is, but there is even more upside potential with smart building improvements and as the neighborhood continues to grow. 1st fl front unit is a 1 bedroom bi-level, recently updated, with lower level areas. 1R is also a 1 bedroom unit, recently updated, with direct access to the yard space. Unit 2 is a full floor, railroad style, 2 bedroom unit with great light and park views out of the front windows. Top floor unit is a large 2 bedroom space with a great long term tenant. All utilities are fully separated and separately metered. The building operates at a fantastic cap rate of over 7, even when factoring in all operating expenses. Great location close to Baltimore ave, public transportation options, area Universities. It just makes sense. Buy today, collect rents tomorrow, congratulate yourself on a wise investment every day after.
  • Sold
    Status
  • 1925
    Year Built
  • 3,180 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: Sold
  • Living Space: 3,180 Sq.Ft.
  • Lot Size: 0.05 Acres
  • MLS® ID: PAPH2057546
  • Type: MULTI_FAMILY
  • Year Built: 1925
  • Architecture Styles: Straight Thru
  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Exterior & Building

  • Water Source: Public
  • Heat Type: Radiator
  • Air Conditioning: Window Unit(s)
  • Sewer: Public Sewer
  • Substructure: Masonry

Financial

  • Sales Price: $450,000
  • Real Estate Tax: $4,132
  • Zoning: RSA3

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