1402 N Willington St
Philadelphia, PA 19121
8 Beds4 Baths2,109 Sq Ft21 Days on Market
For Sale $450,000
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Courtesy of OCF Realty LLC - Philadelphia
Listing Agent & Comments
Jeffrey P Silva • OCF Realty LLC - Philadelphia
267-223-4200 • jeff@soldbysilva.com License #RS271228Investment Opportunity: Renovated Triplex Generating $4,500 Monthly Rental Income Listing Price: $450,000 Property Overview: Discover an incredible investment opportunity in the heart of the city. This renovated triplex offers three fully rented units, each contributing to a steady monthly rental income. Unit Breakdown: Unit 1 (Ground Floor): 3 bedrooms, 1 full and 1/2 bathroom, Bi-level open-plan living with dining area, modern kitchen, private patio space. Unit 2 (Second Floor): 3 bedrooms, 1 bathrooms, spacious living area, updated kitchen with granite countertops, in-unit laundry, balcony. Unit 3 (Third Floor): 2 bedroom, 1 bathroom, cozy layout, skylights, upgraded fixtures. Key Features: Fully Rented: All units are currently leased, generating a total monthly rental income of $4,500, providing immediate returns for the investor. Renovated Interiors: Each unit has been renovated with modern finishes, including hardwood floors, updated bathrooms, and contemporary fixtures. Prime Location: Situated in the bustling city center, tenants enjoy easy access to amenities, public transportation, and employment opportunities. Low Maintenance: Recent renovations minimize upkeep, allowing for hassle-free ownership and maximizing profitability. Separate Utilities: Each unit has its own meter, ensuring tenants are responsible for their own utility costs. Financial Highlights: Monthly Rental Income: $4,500 Annual Rental Income: $54,000 Operating Expenses: Approximately $15,000 annually (including taxes, insurance, maintenance) Net Operating Income: Approximately $39,000 Cap Rate: 8.6% (approx) Cash-on-Cash Return: 12% (approx) Additional Information: This triplex represents an excellent opportunity for investors seeking immediate rental income in a high-demand urban market. With a competitive listing price and strong financial performance, it's a must-see for any savvy investor. Contact us today to arrange a viewing and secure your investment in the thriving city real estate market.
MLS# PAPH2391762 • Data provided by BRIGHTMLS
Living Area | 2,109 Sq.Ft. |
---|---|
Lot Size | 1,137 Sq.Ft. |
Total Rooms | 12 |
Bedrooms | 8 |
Bathrooms | 4 |
Stories | 3 |
Year Built | 2009 |
Property Type | Multi Family |
Zoning | RM1 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2023 |
Tax Amount | $7,476 |
Property in Flood Zone | -- |
Data provided by BRIGHTMLS.
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HouseCanary, Inc. Brokerage
1402 N Willington St., Philadelphia, PA 19121
Multi Family8 Beds4 Baths2,109 Sq Ft21 Days on Market
Listing Agent & Comments
Jeffrey P Silva • OCF Realty LLC - Philadelphia
267-223-4200 • jeff@soldbysilva.com License #RS271228Investment Opportunity: Renovated Triplex Generating $4,500 Monthly Rental Income Listing Price: $450,000 Property Overview: Discover an incredible investment opportunity in the heart of the city. This renovated triplex offers three fully rented units, each contributing to a steady monthly rental income. Unit Breakdown: Unit 1 (Ground Floor): 3 bedrooms, 1 full and 1/2 bathroom, Bi-level open-plan living with dining area, modern kitchen, private patio space. Unit 2 (Second Floor): 3 bedrooms, 1 bathrooms, spacious living area, updated kitchen with granite countertops, in-unit laundry, balcony. Unit 3 (Third Floor): 2 bedroom, 1 bathroom, cozy layout, skylights, upgraded fixtures. Key Features: Fully Rented: All units are currently leased, generating a total monthly rental income of $4,500, providing immediate returns for the investor. Renovated Interiors: Each unit has been renovated with modern finishes, including hardwood floors, updated bathrooms, and contemporary fixtures. Prime Location: Situated in the bustling city center, tenants enjoy easy access to amenities, public transportation, and employment opportunities. Low Maintenance: Recent renovations minimize upkeep, allowing for hassle-free ownership and maximizing profitability. Separate Utilities: Each unit has its own meter, ensuring tenants are responsible for their own utility costs. Financial Highlights: Monthly Rental Income: $4,500 Annual Rental Income: $54,000 Operating Expenses: Approximately $15,000 annually (including taxes, insurance, maintenance) Net Operating Income: Approximately $39,000 Cap Rate: 8.6% (approx) Cash-on-Cash Return: 12% (approx) Additional Information: This triplex represents an excellent opportunity for investors seeking immediate rental income in a high-demand urban market. With a competitive listing price and strong financial performance, it's a must-see for any savvy investor. Contact us today to arrange a viewing and secure your investment in the thriving city real estate market.
MLS# PAPH2391762 • Data provided by BRIGHTMLS
Living Area | 2,109 Sq.Ft. |
---|---|
Lot Size | 1,137 Sq.Ft. |
Total Rooms | 12 |
Bedrooms | 8 |
Bathrooms | 4 |
Stories | 3 |
Year Built | 2009 |
Property Type | Multi Family |
Zoning | RM1 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2023 |
Tax Amount | $7,476 |
Property in Flood Zone | -- |
Data provided by BRIGHTMLS.
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
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For Sale $450,000
Request tour
Save
Courtesy of OCF Realty LLC - Philadelphia
1402 N Willington St
Philadelphia, PA 19121
8 Beds4 Baths2,109 Sq Ft21 Days on Market
Listing Agent & Comments
Jeffrey P Silva • OCF Realty LLC - Philadelphia
267-223-4200 • jeff@soldbysilva.com License #RS271228Investment Opportunity: Renovated Triplex Generating $4,500 Monthly Rental Income Listing Price: $450,000 Property Overview: Discover an incredible investment opportunity in the heart of the city. This renovated triplex offers three fully rented units, each contributing to a steady monthly rental income. Unit Breakdown: Unit 1 (Ground Floor): 3 bedrooms, 1 full and 1/2 bathroom, Bi-level open-plan living with dining area, modern kitchen, private patio space. Unit 2 (Second Floor): 3 bedrooms, 1 bathrooms, spacious living area, updated kitchen with granite countertops, in-unit laundry, balcony. Unit 3 (Third Floor): 2 bedroom, 1 bathroom, cozy layout, skylights, upgraded fixtures. Key Features: Fully Rented: All units are currently leased, generating a total monthly rental income of $4,500, providing immediate returns for the investor. Renovated Interiors: Each unit has been renovated with modern finishes, including hardwood floors, updated bathrooms, and contemporary fixtures. Prime Location: Situated in the bustling city center, tenants enjoy easy access to amenities, public transportation, and employment opportunities. Low Maintenance: Recent renovations minimize upkeep, allowing for hassle-free ownership and maximizing profitability. Separate Utilities: Each unit has its own meter, ensuring tenants are responsible for their own utility costs. Financial Highlights: Monthly Rental Income: $4,500 Annual Rental Income: $54,000 Operating Expenses: Approximately $15,000 annually (including taxes, insurance, maintenance) Net Operating Income: Approximately $39,000 Cap Rate: 8.6% (approx) Cash-on-Cash Return: 12% (approx) Additional Information: This triplex represents an excellent opportunity for investors seeking immediate rental income in a high-demand urban market. With a competitive listing price and strong financial performance, it's a must-see for any savvy investor. Contact us today to arrange a viewing and secure your investment in the thriving city real estate market.
MLS# PAPH2391762 • Data provided by BRIGHTMLS
Living Area | 2,109 Sq.Ft. |
---|---|
Lot Size | 1,137 Sq.Ft. |
Total Rooms | 12 |
Bedrooms | 8 |
Bathrooms | 4 |
Stories | 3 |
Year Built | 2009 |
Property Type | Multi Family |
Zoning | RM1 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2023 |
Tax Amount | $7,476 |
Property in Flood Zone | -- |
Data provided by BRIGHTMLS.
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
Access your homeowner dashboard
For Sale $450,000
Request tour
Save
Courtesy of OCF Realty LLC - Philadelphia