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200
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32
Votes
Lawrence LaMantia
  • Investor
  • Philadelphia, PA
32
Votes |
200
Posts

Off-Market Rental in North Philly/Glenwood

Lawrence LaMantia
  • Investor
  • Philadelphia, PA
Posted Apr 7 2018, 08:28
  • 1296 sq. ft.
  • 4 bed / 2 bath
  • Zoned RM1
  • ROW 2 STY MASONRY

This property on West Huntingdon is a little rough around the edges but a great value for a landlord who likes North Philly/Glenwood. Fix up this property and collect $1,000-1,300 per month in an appreciating neighborhood with very low taxes.

  • Purchase Price: $27,500
  • Rent Range: $1,000 - $1,300/month

During our walkthrough we identified two issues, both of which have already been addressed/fixed by seller:

- There's evidence of a leak/flood in the basement. According to the seller, a plumber inspected the main drain and wound up replacing the main trap, which solved the problem (however, remnants of the flood remain).

- There's evidence of a leaky roof in the rear, which the current owner told us has already been fixed/addressed.

This property needs renovation but is NOT a gut in our opinion. You can get away with a decent rental grade rehab here.

Property is vacant and will be delivered vacant. This is going to make an excellent addition to landlord's portfolio. Want to check it out? Don't delay! Get in touch to coordinate access.

Call/text/email Larry and Adam:

(610) 200-6888 ||| [email protected]

  • We have this property under contract and are looking to assign our contract to an end buyer.
  • Cash and hard money buyers only! Cash offers preferred -- should be accompanied by POF
  • Agents welcome -- 3% buyer commission
  • Quick closing preferred
  • Buyer handles U/O and pays closing costs and full transfer tax

Check us out at PhillyRealEstateDeals.com and fill out the quick form to join our buyers list. Let's find the right investment opportunities for you!

Philadelphia, Philly, Montgomery County, MontCo, Delaware County, DelCo, Bucks County, BucksCo, PA, Pennsylvania

Offering