Description
Looking for an incredible investment opportunity? Don’t miss your chance to be the next owner of 1904 Orthodox Street. This multi-family property is comprised of four units– two 1 bedroom, 1 bathroom apartments and two 2 bedroom, 1 bathroom homes. The first floor, rear unit enjoys a separate entrance and access to the huge rear yard space. On the interior, the units feature luxury gray vinyl flooring, newly completely renovated baths, and modern kitchens.
All of the units are complete and rented while one is a month to month friend of the Seller so it could be occupied by an owner occupant. The first floor rear unit is bi-level with a separate entrance and a rear yard. The building will be delivered fully occupied with a gross rent roll of $4,400 per month, which equates to $52,800 annually. Aside from its exceptional cash flow and desirable oversized lot, the property has a wonderful location in Philadelphia’s Frankford neighborhood. Playgrounds, shops, and public transportation options are just steps away. Moreover, easy access to I-95 makes commuting to the surrounding area a breeze. Come and see all that this investment has to offer and expand your real estate portfolio!
Location
Similar Listings
3 Beds
2 Baths
2,849 Sq ft
$49,300,000
MLS# 1004386171
Courtesy of: RE/MAX Crossroads
$45,000,000
MLS# VAAB2000232
Courtesy of: TTR Sotheby's International Realty
7 Beds
12 Baths
25,500 Sq ft
$45,000,000
MLS# VAFX2044570
Courtesy of: Compass
$45,000,000
MLS# VAAB102254
Courtesy of: TTR Sotheby's International Realty
4 Beds
8 Baths
28,584 Sq ft
$40,000,000
MLS# MDTA139684
Courtesy of: Long & Foster Real Estate, Inc.
8 Beds
13 Baths
33,000 Sq ft
$39,000,000
MLS# VAFX2067572
Courtesy of: TTR Sotheby's International Realty
$34,000,000
MLS# PACT2013188
Courtesy of: Kurfiss Sotheby's International Realty
$30,000,000
MLS# VAFB116694
Courtesy of: Coldwell Banker Elite
23 Beds
16 Baths
25,939 Sq ft
$29,950,000
MLS# VAFQ159458
Courtesy of: McLean Faulconer Inc, Realtors
5 Beds
3 Baths
2,900 Sq ft
$29,900,000
MLS# PACT2018144
Courtesy of: Compass RE
6 Beds
11 Baths
23,600 Sq ft
$29,900,000
MLS# VAFX2057286
Courtesy of: TTR Sotheby's International Realty
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
Courtesy of: Compass Pennsylvania, LLC Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 2nd July, 2022 4:55 PM (UTC)
