2037 8TH Street, Philadelphia, PA 19122 | MLS 6684298 | Listing Information | Real Living Spectrum Real Estate | Real Living Real Estate
Real Living
Spectrum Real Estate
610-439-1491

2037 8TH Street,  Philadelphia PA, 19122

4 beds , 4 baths
2,126 sqft
Status: Active
MLS#: 6684298
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Real Living
Spectrum Real Estate

610-439-1491

Listing Provided Courtesy Of: Help-U-Sell Peoples Real Estate
Last Updated: 12/2/2016 3:20 PM
Description for 2037 8TH Street Philadelphia, PA 19122
Great opportunity for investors looking for high income producing multi-family property in the ever-growing Temple University Section of Philadelphia. Located just blocks from Temple University main campus and just 1 block from Tyler Art School. There are 4 units in this building: 2 bedroom 1 bath unit on first floor, 1 bedroom 1 bath unit and one studio unit on second floor; 1 bedroom 1 bath on third floor. All four units have been updated. All of the apartments have been very easy to rent out during the past 9 years. Each tenant pays their own electricity for heat and cooking. Landlord pays for water and cable and internet for all units to share. Water, common area electricity, and cable is less than $200 per month for the landlord. Low taxes, and great investment with 10% cap rate; ALSO Owner has a duplex across the street For Sale at 2022 N 8 Street, which has one 4-bedroom unit, one 2-bedroom unit, and coin-operated laundry that tenants from both buildings use. Interested buyer can purchase both as a package deal at a discount.
Price
$199,900
Temple University
PHILADELPHIA
4
4
2,126 (approx)
6684298
Active
Description
Great opportunity for investors looking for high income producing multi-family property in the ever-growing Temple University Section of Philadelphia. Located just blocks from Temple University main campus and just 1 block from Tyler Art School. There are 4 units in this building: 2 bedroom 1 bath unit on first floor, 1 bedroom 1 bath unit and one studio unit on second floor; 1 bedroom 1 bath on third floor. All four units have been updated. All of the apartments have been very easy to rent out during the past 9 years. Each tenant pays their own electricity for heat and cooking. Landlord pays for water and cable and internet for all units to share. Water, common area electricity, and cable is less than $200 per month for the landlord. Low taxes, and great investment with 10% cap rate; ALSO Owner has a duplex across the street For Sale at 2022 N 8 Street, which has one 4-bedroom unit, one 2-bedroom unit, and coin-operated laundry that tenants from both buildings use. Interested buyer can purchase both as a package deal at a discount.
Listing Information
Property Type: Fourplex, Other
4 4
0.03 Acres 3O 2,126 (approx)
1916 Stucco
Temple University
4 Total
Neighborhood
School Information
District: Philadelphia
Room Information
No Laundry Facility
Interior Features
Full
Exterior / Lot Features
Stucco
16X74
RM1
Driving Directions
Diamond to N 8th Street
Financial Considerations
$1,249
Listing Price History

Philadelphia Real Estate

Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania 19122 has a population of 1,525,811.

The median household income in Philadelphia, Pennsylvania 19122 is $37,016. The median household income for the surrounding county is $37,016 compared to the national median of $53,046. The median age of people living in Philadelphia 19122 is 33.5 years.

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Courtesy: Help-U-Sell Peoples Real Estate


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Spectrum Real Estate
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