This is a multi-family dwelling. When you look to purchase an investment property, especially if you are planning to be an owner occupied, a critical issue that helps with cash flow is whether the utilities are separated out or not. This is a key factor that directly affects your net income and your return on investment. Please consult with an accountant to discuss additional benefits of owning an investment property such as: depreciation, appreciation and offsetting income from the property against interest on the mortgage. You also want a unit that is strategically located near public transportation and access to Center City. This unit is a winner on both key points. This unit has two heaters, two hot water heaters, and two electric meters. Also, having central air in each unit as this building does, helps get them rented more quickly and easily. Brand new stainless steel: Stove, Dishwasher, Fridge and Microwave. New carpets and freshly painted. There are two large storage lockers in the basement. The first floor is currently occupied; the second floor is vacant, waiting for the entrepreneurial investor to have the tenant help pay a significant portion of your mortgage. You will be less than a mile from the Secane and Primos train stations. You're within walking distance to Giant supermarket and Acme and Walmart. You're just 14 miles from Center City and easy access to I95. In addition you will be less than 3 miles to Outback Steakhouse and other great dining on Baltimore Pike.
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