2629 North 27th Street, Strawberry Mansion, 19132. This 5 Unit property is rented for $3,195 per month, which brings in a total annual rental income of $38,340 per year (Cap Rate: 14.5%) . It has five separate electric meters & gas meters which makes splitting the utilities for each unit very simple. Each unit has it's own bathroom & a kitchenette. The taxes are very low; $538 (2021). The property is situated on the corner of 27th & Oakdale which is about one block off of Lehigh Ave, and walking distance to a number of shops, bus stops, & schools (Rudolph Walton). This is a safe & turnkey investment for an investor looking to break into the Philadelphia market. At least 24 hours notice is required for showings. Buyer is responsible for obtaining a clear U&O if desired. Must use seller's title company (City & Suburban Settlement Services). Motivated seller. Give me a call today to schedule a showing !
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
