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AirLite

2255 N DELHI STREET

PHILADELPHIA , PA 19133

MLS#: PAPH2478520

$775,000

Status: Active
Listing number: PAPH2478520
Listing provided by: United Real Estate
Listing agent phone: None
Last update: 3 months ago
On site: 3 months ago
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Property

Beds

7

Full Baths

None

1/2 Baths

None

Year Built

2024

Sq.Footage

3,500

Introducing 2255 n Delhi St, a newly constructed property in Philadelphia's 19133 zip code with a 10 year tax abatement! This triplex boasts 2 2-bedroom units and 1 spacious 3-bedroom unit, each featuring modern amenities like washers and dryers, dishwashers, and garbage disposals. The units also showcase large marble countertops, offering tenants a touch of luxury. With a current rent of $5,189, there is room to increase to a market rent of $5,600, making this an attractive investment opportunity. The property provides consistent income, with tenants already in place, offering ease of ownership. Valued at $775,000, the property offers a cap rate of 6.63% and an annual net income of $51,372. Located near Temple University, 2255 n Delhi St benefits from the university's vibrant environment, attracting students and faculty as potential tenants. This thriving neighborhood presents an excellent investment opportunity for those looking to capitalize on the university's influence and the area's growth potential. Unit 1: $1680 exp 12/31/2026 (Section 8 100% guaranteed by GOV) (market rent $2100) Unit 2: $1700 projected rent (Section 8 process has started) Unit 3: $1800 exp 1/31/2026 (PHMC lease 100% guaranteed by GOV)

Features & Amenities

Interior

  • Total Bedrooms

    7

  • Bathrooms

    N/A

  • Above Grade Finished Area

    3500.0

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Central

Exterior

  • Garage

    No

  • Construction Materials

    Brick Veneer

  • Parking

    On Street

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    AirLite

Price

  • Sales Price

    $775,000

  • Tax Amount

    782.0

  • Sq. Footage

    3, 500

  • Price/SqFt

    $221

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Concrete Perimeter

  • Sewer

    Public Sewer

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Listing Courtesy of Chris Elias Sherman , United Real Estate

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Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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Introducing 2255 n Delhi St, a newly constructed property in Philadelphia's 19133 zip code with a 10 year tax abatement! This triplex boasts 2 2-bedroom units and 1 spacious 3-bedroom unit, each featuring modern amenities like washers and dryers, dishwashers, and garbage disposals. The units also showcase large marble countertops, offering tenants a touch of luxury. With a current rent of $5,189, there is room to increase to a market rent of $5,600, making this an attractive investment opportunity. The property provides consistent income, with tenants already in place, offering ease of ownership. Valued at $775,000, the property offers a cap rate of 6.63% and an annual net income of $51,372. Located near Temple University, 2255 n Delhi St benefits from the university's vibrant environment, attracting students and faculty as potential tenants. This thriving neighborhood presents an excellent investment opportunity for those looking to capitalize on the university's influence and the area's growth potential. Unit 1: $1680 exp 12/31/2026 (Section 8 100% guaranteed by GOV) (market rent $2100) Unit 2: $1700 projected rent (Section 8 process has started) Unit 3: $1800 exp 1/31/2026 (PHMC lease 100% guaranteed by GOV)

2255 N DELHI STREET

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