1431 Lombard St, Philadelphia, PA 19146

Fully leased Triplex with consistent 10 year rental history in Rittenhouse Square. This property was renovated extensively by the current owner as they intended to occupy the top floor unit. The building would be a perfect fit for the savvy investor's rental portfolio, or to an owner looking to occupy one unit and have the other 2 units rental income pay the monthly mortgage payment. First floor unit is a large 1 bedroom with a fully finished basement and currently collects 1,650/month in rent, the second floor one bed with monthly market rent is 1,425/month, and the top floor is a two bed, 2.5 bath bilevel unit currently collects 2,200/month in rent for a total of $5,275 a month (Plus $150 water fee). The property has updated wiring, HVAC systems, plumbing, and is tastefully designed with modern finishes. Hardwood flooring throughout, granite countertops, stainless steel kitchen appliances, washer/dryer in each unit, and recessed lighting throughout the building. Just a short walk to shops and dining in Rittenhouse square, and one block from Broad street and major transit routes. This property has it all. Potential value add, Whole Foods Market and luxury residential tower slated to be constructed at Broad and Lombard!!!