Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1930
Sq.Footage
2,040
Location, Location, Location! Invest today in this well-maintained legal quadruplex (variance in place) ideally situated on Limelkin Pike. This fully rented property offers immediate income with long-term tenants in place and strong upside potential, as current rents are well below market value. 8.5%+ Cap Rate! The building consists of four one-bedroom, one-bath units and features one central boiler servicing all units, separate gas meters for each unit, individual electric meters with one tied to common electric, and a master water meter paid by the owner. Conveniently located near major transportation routes, shopping, dining, and local attractions, this property benefits from excellent accessibility and consistent rental demand. A solid opportunity for investors seeking a stabilized multi-family asset in a highly desirable location with great value add upside—present your offer today.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Above Grade Finished Area
2040.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Other
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Hot Water
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.11
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Unit/Flat
Price
-
Sales Price
$315,000
-
Tax Amount
4122.0
-
Sq. Footage
2, 040
-
Price/SqFt
$154
HOA
-
Association
No
School District
-
Elementary School
SAMUEL PENNYPACKER SCHOOL
-
Middle School
N/A
-
High School
MARTIN L. KING
Property Features
-
Association Amenities
Playground
-
Foundation Details
Brick/Mortar
-
Sewer
Public Sewer
-
Tax Lot
3015
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
SAMUEL PENNYPACKER SCHOOL
Middle School
High School
MARTIN L. KING
Listing Courtesy of Marcus Shellenberger , EXP Realty, LLC
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Owner, President, Investment Property Advisor
Theresa Kehler
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