2255 N 12TH Street
Property Description
PRICE DROP!!! Located in Philadelphia (19133) at 2255 N 12th Street, this fully leased triplex offers a strong and stable cash-flow opportunity for investors. The property generates $4,500 in monthly rental income, totaling $54,000 annually. Annual real estate taxes are approximately $2,082, and annual insurance costs are approximately $3,638, resulting in a Net Operating Income (NOI) of approximately $48,280 per year. Offered at a purchase price of $539,000, the property delivers an approximate 9% capitalization rate (Cap Rate), making it an attractive option for investors seeking consistent income and long-term appreciation. Conveniently located with easy access to public transportation, major roadways, and neighborhood amenities, the property benefits from strong rental demand and presents an excellent opportunity for buy-and-hold investors.
Broker Details
Wynn Real Estate (215) 421-7867
MLS ID: 3120080 State License Number: RB066169
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $539,000 |
| No. of Units: | 3 |
| Year Built: | 2015 |
| Lot Size: | 3,132.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $179,667 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-TRENDPA-PAPH2607548
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