A money maker townrow property being used as a "Rooming House" for profit in the Logan area of Philadelphia. The property has an open front porch, front doors lead to a common kitchen area (which was the living room) for tenants. On the same first floor, there is a 1 bedroom apt with bath and kitchen and exit to outside for private use. The 1 bedroom apt is being rented for $650 per month. The upstairs offer 4 bedrooms, the front bedroom is spacious and rent for $525 per month, 2 nice sized rooms are rented for $500 and $400 per month and the back room which is the largest for $600 per month. A grand profit of approx $2600 per month of total income from property. There is basement full and unfinished, updated heater and electric box (100 amp) and exit to outside. Buyer has the options to have the property vacated before settlement. Owner pays utilities, approx $1200 for water, approx. $1800 for electric, $2500 for gas each year.
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.
