Introducing a perfect opportunity for the savvy buyer. A triplex in the heart of South Philadelphia right on Snyder Ave. A beautiful brick facade with marble block, and a beautiful cornice. The first two units are raw spaces, with everything ripped down to the studs, and ready for the new owner and a vision. Come in and create amazing spaces in these two units. The 3rd floor is a finished space, with 1 bath, a huge bedroom and living room, and tons of natural space. This is a perfect house hack scenario, in which you can live in the upper unit, or rent it out, to offset the monthly payments while you make the lower two levels incredible. Unlike most projects, this one immediately has income potential!!! Perfect for an FHA 203K renovation loan, or just right for the investor ready to put in some immediate sweat equity. Once completed, this building will be a staple to any portfolio, boasting more than an 8% cap rate. Bring your contractor, bring your ideas, and get this 3 unit property up and running for the summer.
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.
