2356 N CLEVELAND ST Philadelphia, PA 19132
UPDATED:
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,120 sqft
Price per Sqft $171
Subdivision None Available
MLS Listing ID PAPH2628006
Style Other
Bedrooms 3
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 1,120
Year Built 1915
Annual Tax Amount $774
Tax Year 2025
Lot Size 666 Sqft
Acres 0.02
Lot Dimensions 14.00 x 47.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
THIS TURNKEY INVESTMENT PROPERTY IS CURRENTLY GENERATING $1,850 PER MONTH IN RENTAL INCOME AND IS OCCUPIED BY A TENANT WITH A LEASE EXTENDING THROUGH 2028, PROVIDING LONG-TERM STABILITY AND IMMEDIATE CASH FLOW FOR INVESTORS.
THE PROPERTY FEATURES 3 SPACIOUS BEDROOMS AND 1 FULL BATHROOM AND IS LOCATED IN A GROWING PHILADELPHIA NEIGHBORHOOD WITH STRONG RENTAL DEMAND AND EXCELLENT POTENTIAL FOR FUTURE APPRECIATION.
WITH A PROJECTED 10% CAP RATE, THIS PROPERTY OFFERS ATTRACTIVE RETURNS AND MAKES AN EXCELLENT ADDITION TO ANY INVESTMENT PORTFOLIO. WHETHER YOU ARE LOOKING TO EXPAND YOUR EXISTING HOLDINGS OR ACQUIRE YOUR FIRST INVESTMENT PROPERTY, THIS ASSET PROVIDES RELIABLE INCOME AND STRONG LONG-TERM VALUE.
ADDITIONAL INVESTMENT INVENTORY IS AVAILABLE FOR PORTFOLIO OR BUNDLE PURCHASE. FINANCIALS, LEASE INFORMATION, AND SUPPORTING DOCUMENTATION WILL BE PROVIDED TO QUALIFIED BUYERS UPON SERIOUS REQUEST.
DON'T MISS THIS OPPORTUNITY TO ACQUIRE A FULLY STABILIZED, CASH-FLOWING INVESTMENT PROPERTY IN ONE OF PHILADELPHIA'S MOST ACTIVE RENTAL MARKETS WITH AN ATTRACTIVE 10% CAP RATE AND A LEASE SECURED THROUGH 2028!
Location
State PA
County Philadelphia
Area 19132 (19132)
Zoning RSA5
Rooms
Basement Unfinished
Interior
Hot Water 60+ Gallon Tank
Heating Baseboard - Electric
Cooling None
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 2
Foundation Brick/Mortar
Above Ground Finished SqFt 1120
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Senior Community No
Tax ID 162035200
Ownership Fee Simple
SqFt Source 1120
Special Listing Condition Standard
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