This new listing is now available on the MLS, #5317384.
This is definitely a Contractor's or Investor's special.
The first floor 1 bed 1 bath unit has been gutted, and is ready for the right person to come in and polish this diamond-in-the-rough. This unit is approximately 625 sf. Once finished it could easily draw $625+ in rent.
The second floor 1 bed 1 bath unit has been rented by the same reliable tenant for the past 10 years. Currently on a month-to-month lease at $490 (which has never been increased) with 30 day notice required to terminate. This unit has stairs which leads to an approximately 350 sf loft/attic area that could possibly be converted to a second bedroom. With a little updating, this unit could easily draw $750+.
The property is within walking distance of Interboro High School, and is a short walk to the R2 SEPTA train station. Each unit has separate tenant-paid electric, heat, and hot water.
For more information on this excellent investment, please contact me. I have a feeling that this won't last long.
Kindest regards,
John Estheimer
Comments(0)