Cash cow investment property in the Frankford section of Philadelphia. 12% cap rate!! Zoned as a duplex. Current owner made significant improvements including new kitchens and new flooring. Potential gross monthly income is $3325 by renting rooms individually. Currently, there are two rooms for rent on the first floor and three rooms for rent on the second floor. It can also be converted back to a duplex if the new owner so desires. New construction starting in the area only a few blocks away. If you want to quit your J.O.B., this property will yield a high rate of return. The seller is a licensed realtor and is highly motivated to sell.
Listing courtesy of Long & Foster Real Estate, Inc.. Contact: (215) 643-2500
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