$699,500

2311 CHRISTIAN ST, Philadelphia, PA 19146

Multi-Family Home
Built in 1900
1,307sqft lot
—— car garage
$——/sqft
Listed 20 hours ago

Property Description

Outstanding Investment Opportunity with a current cap rate of 7.18 – 5-Unit Apartment Building located in Graduate Hospital. This is a neighborhood where buildings of this size in shell condition go for over $600,00 and you can buy a turnkey investment opportunity for $699,500. This is a building has a stable tenant base with long-term residents, ensuring a consistent and dependable rental income stream, while also offering potential for increased value through higher rents. The current rents are below market, current gross income is $65,340 all tenants pay on time every month like clockwork and all utilities are separated expect cold water . Situated on a desirable Christian Street near restaurants, parks, and public transportation, the property provides exceptional walkability and convenience for tenants. A superb asset for any investment portfolio, this building offers immediate income as well as strong potential for future appreciation. Graduate Hospital neighborhood ratings: • Walk Score: 95 (Walker’s Paradise – daily errands can be accomplished without a car) • Transit Score: 85 (Excellent Transit – public transportation is convenient for most trips) • Bike Score: 94 (Biker’s Paradise – daily errands can be easily completed on a bike) These impressive scores make the area highly attractive to both renters and investors

Listing Status:: Active
Listing Office:: Best City Homes Inc : 2155451144
Listing Agent:: Richard B Moore : 2679778205
MLS ID:: PAPH2552502

Flooring: Engineered woodCeramic tile
A/C: Window Unit(s)Wall Unit
Heating: RadiatorNatural Gas
Disability Feature: None

Roofing: Flat
General: MasonryStone

Originating MLS: BRIGHT_MAIN
School District: PHILADELPHIA CITY
County: PHILADELPHIA-PA

Zoning: RM1881111875
View: Street

Utilities: 200 amp service
Water: Public
Sewer: Public Sewer

Source: BRIGHT_MAIN

This listing courtesy of Richard B Moore, Best City Homes Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Chester A. Arthur School

2000 Catharine St, Philadelphia, PA, 19146

Grades KG-8

0.28 miles away

Chester A. Arthur School

2000 Catharine St, Philadelphia, PA, 19146

Grades KG-8

0.28 miles away

Creative and Performing Arts

901 S Broad St, Philadelphia, PA, 19147

Grades 9-12

0.86 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.