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1307 W Rockland Street

PHILADELPHIA, PA 19141
  • $710,000
  • STATUS: Active
  • ON SITE: 16 Days
  • ID#: PAPH2178898
$710,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,211
    SQFT
  • $321
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1935
County:

School Ratings & Info

Description

Totally turnkey 7 unit building in a great location in Olney convenient to Broad Street and public transportation. This is an 8.6 cap investment (all expenses included, no shortcuts). This entire building was recently refurbished and is fully occupied with separate utilities, all rental licenses and lead paint certifications. All tenants are Section 8 on FULL, 2 year vouchers - meaning the Housing Authority covers the full amount of the rent. New floors, new kitchens, new baths, throughout. Don't miss out on this outstanding cash flow opportunity. Showings require 48 hours notice, please be patient. Make your appointment today. You will not be disappointed.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Nesbitt Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-12-02T23:50:48.127.
www.nesbitt.realestate/homes/134819726
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1307 W Rockland Street PHILADELPHIA, PA 19141

  • Price: $710,000
  • Status: Active
  • On Site: 16 Days
  • ID#: PAPH2178898
0
Beds
0
Baths
0
½ Baths
0.07
Acres
2,211
SQFT
$321
$/SQFT
1935
Built
Neighborhood:
Olney
County:
Philadelphia
Area:
19141 (19141)
School District:
The School District Of Philadelphia
Property Description
Totally turnkey 7 unit building in a great location in Olney convenient to Broad Street and public transportation. This is an 8.6 cap investment (all expenses included, no shortcuts). This entire building was recently refurbished and is fully occupied with separate utilities, all rental licenses and lead paint certifications. All tenants are Section 8 on FULL, 2 year vouchers - meaning the Housing Authority covers the full amount of the rent. New floors, new kitchens, new baths, throughout. Don't miss out on this outstanding cash flow opportunity. Showings require 48 hours notice, please be patient. Make your appointment today. You will not be disappointed.
Exterior Features

Architectural Style Other Construction Materials Masonry Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Property Condition Very Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2211 Basement Partially Finished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplaces Total 0 Heating Baseboard - Electric Heating YN Yes Single Room Units 2 Three Bedroom Units 0 Two Bedroom Units 2

Property Features

Accessibility Features None Assessment Year 2023 Central Air YN No Cooling Fuel None Foundation Details Slab Heating Fuel Electric Hot Water Electric Municipality Philadelphia Navigable Water YN N Net Operating Income 60960.00 New Construction YN No Number Of Units Leased 7 Number Of Units Total 4 Number Of Units Vacant 0 Operating Expense Includes AdvertisingInsuranceSnow RemovalTrash Original MLSNumber 802009435812 Ownership Interest Fee Simple Possession Immediate Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type End Of Row/Townhouse Tax Annual Amount 1738.00 Tax Assessment Amount 124200.00 Tax Lot 138 Total Actual Rent 76200.00 Vacation Rental YN No Water Source Public Hook-Up Available Year Built Effective 2020 Zoning Rm1

Listing courtesy of Realty Mark Associates-Cc: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Nesbitt Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-12-02T23:50:48.127.
 
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