6320 RISING SUN AVENUE
Philadelphia, PA 19111
2448 sqft | 0.05 acres | #PAPH2510518
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
Legal
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Last Updated: . Source: BRIGHT
Listing Courtesy
Listing Agent: Bosam A Cheung (#3124198), Phone: (215) 688-7798, Email: adacheungrealtor@outlook.com
Listing Office: Realty Mark Associates (#RLTYMKAS)

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