Philadelphia County, Philadelphia, PA 19141
3 bd1 ba2,502 sfBuilt 1940
Gross spread$45,000
Description
PROPERTY DETAILS 3 Bedrooms | 1 Bathroom Approximately 1,607 Sq Ft Brick Townhouse Built in 1940 Turnkey Condition Tenant Occupied — Month-to-Month DEAL HIGHLIGHTS Turnkey rental investment opportunity Existing tenant in place Month-to-month tenancy Potential buy-and-hold opportunity Established Philadelphia residential neighborhood Ideal for landlords and long-term investors COMPARABLE SALES Nearby three-bedroom properties provide preliminary pricing context: 918 W Rockland St: Reported value approximately $175,000 4846 N 9th St: Reported value approximately $172,300 4911 N Hutchinson St: Reported value approximately $172,000 4838 N Hutchinson St: Reported value approximately $167,600 Comparable figures require verification of actual closed-sale prices, dates, and property condition. RENTAL COMPS & INCOME POTENTIAL Estimated market rent for comparable three-bedroom properties: $1,600–$1,750/month Monthly RentAnnual Gross RentGross Yield at $175K $1,600 $19,20010.97% $1,650 $19,80011.31% $1,700 $20,40011.66% $1,750 $21,00012.00% Illustrative monthly cash flow before expenses: $1,600 rent: $1,600/month gross income $1,700 rent: $1,700/month gross income $1,750 rent: $1,750/month gross income These figures represent gross rental income, not net cash flow. Taxes, insurance, maintenance, vacancy, management, utilities, and other expenses are excluded. The current tenant's actual rent has not been provided. INVESTMENT STRATEGY Potential buy-and-hold rental investment with an existing tenant. Buyers can evaluate the current lease, operating expenses, and rental history to determine cash-flow potential. PRICE & TERMS Asking Price: $175,000 Property marketed as turnkey and tenant occupied. Contact us for additional information, current rent details, property access, and transaction terms. SERIOUS INVESTORS — INQUIRE TODAY! Buyer to independently verify property condition, title, occupancy, lease terms, rental income, taxes, insurance, and applicable landlord-tenant requirements. No rental income or investment return is guaranteed.
$/sqft vs market
Median of 13 comparable listings matched on ZIP. A narrow sample moves a lot; read it as context, not as a valuation.
Property
Systems & condition
Self-reported by the seller. Not inspected.
Property information
Interested in this property? Request information from our team.
This private thread is with the VestorsHub team.