PRICE DROP!!! Located in Philadelphia (19133) at 2255 N 12th Street, this fully leased triplex offers a strong and stable cash-flow opportunity for investors. The property generates $4,500 in monthly rental income, totaling $54,000 annually. Annual real estate taxes are approximately $2,082, and annual insurance costs are approximately $3,638, resulting in a Net Operating Income (NOI) of approximately $48,280 per year. Offered at a purchase price of $539,000, the property delivers an approximate 9% capitalization rate (Cap Rate), making it an attractive option for investors seeking consistent income and long-term appreciation. Conveniently located with easy access to public transportation, major roadways, and neighborhood amenities, the property benefits from strong rental demand and presents an excellent opportunity for buy-and-hold investors.
| MLS # | PAPH2607548 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 2015 |
| Days On Site | 163 |
| Listing Provided By | Wynn Real Estate LLC | Irina Wynn |
| SQ Feet | 3,132 |
|---|---|
| Units | 3 |
| Zoning | CMX2 |
| Acreage | 0.03 |
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | 90% Forced Air |
| Construction Materials | Masonry |
|---|
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 2081 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19133 |
| Area | 19133 (19133) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19133) | |
Price: $539,000 low | high Med: $127,000 sqft: 3,132 low | high Med: 1,159 $ / sqft: $172 low | high Med: $111 On site: 163 low | high Med: 124 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19133 |
| Area | 19133 (19133) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19133) | |
Price: $539,000 low | high Med: $127,000 sqft: 3,132 low | high Med: 1,159 $ / sqft: $172 low | high Med: $111 On site: 163 low | high Med: 124 | |