Investor opportunity with tremendous upside! This legal 3-unit, semi-detached multifamily property offers approximately 2,400 square feet of living space and is approximately 90% complete, presenting the perfect chance for an investor to step in, finish the project, and reap the rewards. Being sold due to a partnership dissolution, this is… Read More a rare opportunity to acquire a nearly completed income-producing asset at a significant value. The property features an attractive unit mix consisting of two 2-bedroom, 1-bath apartments and one spacious 3-bedroom, 1-bath apartment, for a total of 7 bedrooms and 3 bathrooms. Major infrastructure improvements have already been completed, including separate utility meters and a brand-new water meter, helping streamline future management and tenant billing. With projected rental income of approximately $5,300 per month, this property offers exceptional cash flow potential and is positioned to achieve a strong cap rate once fully stabilized. Whether you're a seasoned multifamily investor, a landlord looking to expand your portfolio, or a developer seeking a project nearing the finish line, this property checks all the boxes.Take advantage of this unique opportunity to complete a high-yield multifamily asset and add a strong performer to your investment portfolio. Read Less
Courtesy of Eric Land, KW Empower 215-627-3500
Listing Snapshot
Days Online
75
Last Updated
Property Type
Triplex
Square Ft.
2,248
Lot Size
0.05 Acres
Year Built
1925
MLS Number
PAPH2638820
Additional Details
Basement
Unfinished
Building
Built in 1925, Living area: 2248, 3 stories, Construction Materials: Masonry
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