All Forum Posts by: Yariel Levin

Hi I am a new investor in the Philadelphia area. I found a triplex approx. 3k sq ft total -(2bed/1bath each unit) built in the early 1900s and began running the numbers on it. The property has a relatively new roof (<10 years old), does not have a backyard and is in a desirable neighborhood in the City of Philadelphia (so I expect less wear and tear than a less desirable neighborhood).

I was wondering if anyone had any experience with a similar type of property in the Philadelphia area and what kind of % of the purchase price you typically use for yearly maintenance  when running the numbers on a deal.