Courtesy of: Keller Williams Real Estate-Blue Bell
Days On Market: 17
Year Build: 1940
Square Footage: 2,460 Sq ft
Address: 5926-28-28 N 12TH ST
If you're looking for a fantastic investment opportunity, Look no further! This three unit well maintained home has each unit on their own floor and is just moments away from Fern Rock station. All units are in great condition and there is a shared large backyard. Behind the backyard, a 3 bay garage that can be included in the rent or rented out separately. The first floor has 3 bedrooms, 2 full bathrooms, backyard access and a basement. The Second floor has 2 bedrooms, 1 bathroom and the third floor apartment has 1 bedroom and 1 bathroom, with the opportunity to use the den as an additional bedroom. Each apartment has separate gas heat, and the 1st floor also has baseboard heating. The units are currently being occupied by family members and will be delivered vacant at closing. The market rate for rent on the 3 bedroom is $1200, the 2 bedroom is $900 and the 1 bedroom with den is $700. At these numbers, you are looking at an over 11% cap rate!
Courtesy of: Keller Williams Real Estate-Blue Bell Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 1st October, 2022 9:22 PM (UTC)
HOW MUCH CAN I AFFORD?
If you’re asking yourself this question, it may be a good idea to consult our easy-to-use mortgage calculator. Check your estimated payment now!