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Rented over 2 years ago

$169,900

3 bd 2 ba 1200 sqft

2257 E Clearfield St, Philadelphia, PA 19134

Residential SFR Occupied Off MLS

Current Rent **

$1,000

Projected Rent **

$1,700

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Estimated Rent †

Pro Only

Estimated Rent Confidence ‡

Very High

Great Tenants in Place

3 bed/2 bath row-home currently rented under market value at $1000/month. Tenants have been there for 10+ years and have ALWAYS paid on time. If proper permits/licenses were obtained, this could easily be turned into a duplex offering 2 bed/1 bath upstairs and 1 bed/1 bath downstairs. This would simply require the installation of an additional door at the entryway and kitchen cabinetry/appliances upstairs - access is already in place. Any questions, feel free to DM me. More pics will be uploaded once available.

Location:

2257 E Clearfield St, Philadelphia, PA 19134

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.