$325,000
Calculate Payment
7032 Paschall Avenue Philadelphia, PA 19142 Municipality: Philadelphia
Townhouse
Residence
Beds
Baths
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Live-In Investment Opportunity with Incredible Earning Potential Unlock the potential of real estate investment with this stunning, modern duplex in the 19142 Philadelphia area. This versatile property is ideal for live-in investors or seasoned landlords ready to expand their portfolio. With one... unit currently rented to a reliable tenant, youâll benefit from immediate income on day one! Property Features: Unit 1 (Two Floors): 3 Bedrooms, 1.5 Baths Unit 2 (One Floor): 3 Bedrooms, 1 Bath Renovations with Modern Amenities: all-new appliances (washer, dryer, refrigerator, stove), high-end laminate floors, modern doors, hardware, and fixtures. Upgraded kitchens with tall cabinets, quartz countertops, and workstation sinks with LED-lit faucets. New bathrooms boast tiled finishes, touchless smart toilets with built-in bidets, LED-lit mirror medicine cabinets with defog and sockets, plus multi-functional shower panels with display screens. Investment Highlights: Projected Rent Income: $3,500/month or $42,000/year Mortgage Savings for Live-In Investor: With an estimated mortgage of $2,000 per month, a live-in investor could offset around $1,700 monthly by renting one unit. Alternatively, rent out both units and enjoy a potential monthly profit of $1,500! Tax Benefits: With an LLC structure, landlord investors could benefit from significant tax advantages, such as write-offs for repairs, depreciation, and mortgage interest. Potential ROI in 2 Years: With rental income and rising property values in Philadelphia, this property is a sound investment that could deliver returns in as little as two yearsâor sooner with the right mortgage plan. Why This Location? New Developments Nearby: The neighborhood is growing, with developments like a new Amazon Hub just blocks away and a condominium project in progress, adding value and appeal to the area. Family-Friendly and Convenient: A charter school within walking distance and a nearby church make this a prime rental area for families. Close to Major Transportation: Only 10 minutes from Philadelphia International Airport, with public transportation just a block away for convenient city access. Key Benefits for Buyers: Live-In Investor Option: Live in one unit and let the rent from the other offset your mortgage while you build equity over time. Immediate Income Stream: The property has a reliable, long-term tenant currently paying competitive rent, creating an instant cash flow. High-Growth Area: Philadelphia home prices have been steadily increasing, making this property an excellent wealth-building asset with substantial appreciation potential. Perfect for New Investors! This low-risk, high-reward property is perfect for first-time investors who want to kickstart their portfolio with minimal hassle and a clear path to financial growth. Secure this duplex today to start building wealth in one of Philadelphiaâs most promising neighborhoods. THE NUMBERS SPEAK FOR THEMSELVES!! Monthly Income and Expenses: Rental Income: $3,500 per month Mortgage (PITI - Principal, Interest, Taxes, Insurance): $2,000 per month Net Income: $3,500 - $2,000 = $1,500 per month Annual Cash Flow: Monthly Net Income: $1,500 Annual Net Income: $1,500 x 12 = $18,000 Initial Investment: Down Payment: $65,000 (on a sales price of $325,000) ROI Calculation: ROI=(Annual Net Income/Initial Investment)Ã100 Now letâs plug in the numbers: ROI=(18,000 / 65,000)Ã100 The ROI on this property is approximately 27.69% based on the annual net income and initial investment. This is a strong return, especially for a rental property. -8%â12% ROI: Typically considered good for rental properties, especially in stable markets. This range usually accounts for average rental property returns after expenses. -15%â20%+ ROI: Considered excellent for rental properties. Achieving this range often involves buying undervalued properties, making improvements, or investing in high-demand rental markets. Book your showing!
Continue reading
MLS#
PAPH2386860
Property Type
Townhouse
Year Built
1915
Price per Sq. Ft.
$184.34
Sewer
Public Sewer
Receive an email as soon as the price changes
Receive an email
as soon as the price changesGet Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Get email alerts when
a home price changes
Sign up
Enter your work address to view actual drive times with traffic for this property.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Get prequalified today and learn more.
Nearby Homes For Sale
Just Listed
And
Homes Available
In