Property
Beds
3
Full Baths
1
1/2 Baths
None
Year Built
1915
Sq.Footage
1,120
WELCOME TO THIS FULLY OCCUPIED, STABILIZED INVESTMENT PROPERTY AT 2356 N CLEVELAND ST! THIS TURNKEY INVESTMENT PROPERTY IS CURRENTLY GENERATING $1,850 PER MONTH IN RENTAL INCOME AND IS OCCUPIED BY A TENANT WITH A LEASE EXTENDING THROUGH 2028, PROVIDING LONG-TERM STABILITY AND IMMEDIATE CASH FLOW FOR INVESTORS. THE PROPERTY FEATURES 3 SPACIOUS BEDROOMS AND 1 FULL BATHROOM AND IS LOCATED IN A GROWING PHILADELPHIA NEIGHBORHOOD WITH STRONG RENTAL DEMAND AND EXCELLENT POTENTIAL FOR FUTURE APPRECIATION. WITH A PROJECTED 10% CAP RATE, THIS PROPERTY OFFERS ATTRACTIVE RETURNS AND MAKES AN EXCELLENT ADDITION TO ANY INVESTMENT PORTFOLIO. WHETHER YOU ARE LOOKING TO EXPAND YOUR EXISTING HOLDINGS OR ACQUIRE YOUR FIRST INVESTMENT PROPERTY, THIS ASSET PROVIDES RELIABLE INCOME AND STRONG LONG-TERM VALUE. ADDITIONAL INVESTMENT INVENTORY IS AVAILABLE FOR PORTFOLIO OR BUNDLE PURCHASE. FINANCIALS, LEASE INFORMATION, AND SUPPORTING DOCUMENTATION WILL BE PROVIDED TO QUALIFIED BUYERS UPON SERIOUS REQUEST. DON'T MISS THIS OPPORTUNITY TO ACQUIRE A FULLY STABILIZED, CASH-FLOWING INVESTMENT PROPERTY IN ONE OF PHILADELPHIA'S MOST ACTIVE RENTAL MARKETS WITH AN ATTRACTIVE 10% CAP RATE AND A LEASE SECURED THROUGH 2028!
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
1
-
Above Grade Finished Area
1120.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
None, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Baseboard
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
None
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.02
-
Lot Size(square feet)
666.0
-
Property Type
Residential
-
Property Sub Type
Townhouse
-
Architectural Style
Other
Price
-
Sales Price
$175,000
-
Tax Amount
$774
-
Sq. Footage
1, 120
-
Price/SqFt
$156
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Brick/Mortar
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
374
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Gazi Ataseven , HomeSmart Realty Advisors
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Owner, President, Investment Property Advisor
Theresa Kehler
Call Theresa today to schedule a private showing.
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