$350,000
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1013 Magee Avenue Philadelphia, PA 19111 Municipality: Philadelphia
Twin Home
Residence
Beds
Baths
Sq. Ft.
0.07
Acre
Lot
Property Activity
Time on Site
days
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Investor Alert! Fully rented duplex in Lawndale section of Philadelphia, not far from the Lawndale station of the Fox Chase Regional Rail line. Two units : Each unit features two nicely sized bedrooms, one full bathroom with which are very well kept along with hardwood flooring, large eat-in kitchen... and plenty of closet space. Both units have their own storage cage and individual washer & dryer set up in the basement with interior access. Both units are identical with their layouts and have long term tenants paying $850 per month per floor. Both tenants split the water bill and each unit responsible for all utilities/cable, trash, and snow removal The comps for these units for future rents in this area are $1250 - $1300 per 2 bedroom unit with a Cap rate of 10+%. The rear has a 2 car garage with a private driveway for off street parking. All separate utility meters. New Water Heaters and New Boilers were installed in 2019.
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MLS#
PAPH2390832
Property Type
Twin Home
Year Built
1955
Price per Sq. Ft.
$218.75
Lot Size
0.07
Sewer
Public Sewer
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