With a few minor cosmetic touch ups throughout, this enormous three-story, twin, quadraplex with over 2800 square feet, in the University City neighborhood is a tremendous investment opportunity, and boasts tons of OLD World charm! The first floor is divided into two separate apartments: the front apartment consists of a small studio with a kitchen, bathroom with a stall shower, and a rent potential of approximately $450.00 per month. The first floor rear apartment is a spacious studio unit with hardwood floors, a semi modern kitchen, and access to the rear yard with a current rent of $650.00 per month. The second floor is a huge one bedroom apartment in need of minor cosmetics throughout. The third floor is a massive one bedroom apartment with access to the attic that rents for $775.00 per month. All units have separate gas heaters, hot water heaters and electric. Water is about $100 a month, common electric about $45 and insurance is $2400 a year. There is also an up to date fire alarm. This building will be sold in AS-IS condition with no repairs to be made from the seller. Current leases are severely under market rents. With some minor cosmetic touch ups this multi-unit abode will become a great source of rental income, don't miss this wonderful investment opportunity, schedule a showing today!
Off market
$471,200
806 S 49th St, Philadelphia, PA 19143
--beds
--baths
2,805sqft
Apartment
Built in 1917
-- sqft lot
$-- Zestimate®
$168/sqft
$2,189 Estimated rent
What's special
Facts & features
Interior
Interior area
- Total interior livable area: 2,805 sqft
Property
Features
- Exterior features: Brick
- Has view: Yes
- View description: Territorial
Lot
- Size: 2,216 sqft
Details
- Parcel number: 511001200
Construction
Type & style
- Home type: Apartment
Condition
- Year built: 1917
Community & neighborhood
Location
- Region: Philadelphia