4115 Brown St - Apartments FOR SALE


Philadelphia, PA 19104- Belmont
$420,000 USD
267-243-4652
4115 Brown St, Philadelphia, PA for Sale
$420,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

4115 Brown St
Philadelphia, PA 19104
Belmont


HIGHLIGHTS

  • Easy access to public transportation
  • Abundance of natural light
  • Turn key duplex

OVERVIEW

Nestled in the vibrant Belmont neighborhood of Philadelphia, this duplex offers a prime investment opportunity for those seeking a turnkey property in a thriving community. Renovated just a few years ago, this fully rehabbed duplex is in excellent condition, boasting modern finishes such as stainless steel appliances, hardwood-like flooring, tiled backsplashes, and in-unit laundry in both apartments. The building is currently 100% occupied, with Unit 1, a 2 bed, 2 bath, renting for $1,426/month, and Unit 2, a spacious 3 bed, 3 bath, renting for $1,910/month, bringing in a total annual rent of $40,032. The property also benefits from the tax abatement with a little over 5 years remaining. Each unit is generously sized and features contemporary appliances and fixtures. Furthermore, the inclusion of subsidized (PHA) rents in one or both units provides a stable and reliable income stream for investors. Belmont’s growing popularity among renters, combined with its potential for future appreciation, makes this property a smart, income-generating asset for investors looking to build long-term wealth through real estate.

FOR SALE DETAILS

PRICE

$420,000 USD

PRICE/SF

$237 USD /SF

# OF UNITS

3

PRICE/UNIT

$140,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4115-17 Brown St.

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

1,012 SF

ZONING

CMX2

APN/PARCEL ID

062002900

ASK ABOUT THIS PROPERTY

Eric DvotskyBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
267-243-4652

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Eric DvotskyBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
267-243-4652

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.