1716 Bridge St, Philadelphia, PA 19124

$225,000
1,408
SqFt
List Price
$225,000
Days on Market
13
Status
ACTIVE
MLS#
PAPH2299208
Living Area
1,408
Lot Size (Acres)
0.01
Style
Straight Thru
Year Built
1920
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

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 and new flooring. 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.

Additional Information

Area
19124 (19124)
Taxes
$118
School District
The School District Of Philadelphia
Heating
Hot Water, Radiator
Heating Fuel
Natural Gas
Cooling
Window Unit(s)
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Long & Foster Real Estate, Inc.. Contact: (215) 643-2500