$248,000
For Sale

6320 RISING SUN AVENUE

Philadelphia, PA 19111
2448 sqft | 0.05 acres | #PAPH2510518
Listing OfficeRealty Mark Associates
Office Phone(215) 688-7798
Office Emailadacheungrealtor@outlook.com
Browse 6 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Being sold as-is ONLY. Ideal Owner-occupied unit is possible!
Great opportunity with this value-add CMX-1 zoned property. With a little bit of cosmetic touch-ups, this can be a great rental investment with 3 units. Over 12% CAP rate with current market rents - very rare find now.
Lower level unit has 2 bedrooms with a full-bath and kitchen.
First floor has 1 bedroom, 1 large living room, kitchen and bathroom. Can be used as an office/retail as well.
Second Floor has 2 bedrooms, 1 kitchen and a full bathroom.
All separate entrances.
Estimated approximate annual income $36,000 Gross minus expenses of $5000/yr = 31,000 (12% Net)
Come check it out and put your money to work for you!

  • Property Details
      • BasementFully Finished, Heated
      • FoundationConcrete Perimeter
      • Sewer InformationPublic Sewer
      • MLS #PAPH2510518
      • Property SubtypeResidential
      • MLS #PAPH2510518
      • Property TypePurchase
      • SubdivisionLAWNDALE
      • Utility SourcePublic
      • Taxes Annual$3,326
      • Cost248000
      • Acres0.05
      • Square Feet2448
      • Year Built1950

Location

Tom Governale | Keller WilliamsReal Estate Group
OR

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