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Description
1716 Bridge St, Frankford, Philadelphia, PA 19124
Cash cow investment property in the Frankford section of Philadelphia. 12% cap rate!! Zoned as a duplex. Current owner made significant improvements including new kitchens, upgraded bathrooms, new flooring and much more. Potential gross monthly income is $3325 by renting rooms individually. Currently, there are two rooms for rent on the first floor and three rooms for rent on the second floor. It can also be converted back to a duplex if the new owner so desires. New construction starting in the area only a few blocks away. If you want to quit your J.O.B., this property will yield a high rate of return. The seller is a licensed realtor and is highly motivated to sell.
This is an Pending listing.
Broker Office Phone Number: 888-536-0216
Copyright © 2024Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Pending listing.
Broker Office Phone Number: 888-536-0216
Copyright © 2024Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Vinyl Flooring
- Radiator
- Wall or Window Air Conditioner(s)
Price History
View all +
Date | Price | Variance | Type |
---|---|---|---|
8/17/2024 | $175,000 | - | Contract |
Listing By: Art Herling Team Blue Bell via Data Source: Long & Foster Real Estate