Discover an exceptional investment prospect in the heart of Philadelphia with this expertly converted building, now housing three units, each boasting two bedrooms and one bathroom. This property presents a lucrative venture for investors aiming to capitalize on the vibrant local rental market. Investment Highlights: 10-Year Tax Abatement: Maximize your returns with a significant tax incentive, enhancing the financial attractiveness of this investment. Self-Contained Units with Modern Amenities: Each apartment features independent central heating and cooling systems, along with in-unit laundry facilities, ensuring high desirability among prospective tenants. Simplified Expense Management: With tenants responsible for their own utilities except water, which is covered by the property owner, operational costs are minimized, optimizing net income. Strategic Location: Situated in a desirable Philadelphi neighborhood, this property promises strong rental demand and appreciation potential. Buyer?s Broker Incentive: The owner is offering to pay the buyer's broker fee of 2.5%, making this an even more attractive investment for your clients and simplifying the transaction process. This turnkey property not only stands as a testament to thoughtful conversion and modernization but also as an enticing proposition for investors seeking to diversify their portfolio with a low-maintenance, high-yield asset. 111 E Duval St represents a strategic investment in a thriving community, promising immediate rental income and long-term capital growth. Seize the opportunity to invest in a property designed for success, with the added benefit of a buyer-broker incentive to facilitate a smooth acquisition.
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