Turnkey Investment with Immediate Cash Flow! Positioned along a high-visibility corridor in Philadelphia, 1201 E Lycoming St presents a compelling income-producing opportunity with a strong unit mix and immediate revenue in place. This four-unit property includes three residential units and one street level store-front unit, creating multiple income streams within… Read More a single asset. The residential component consists of one 1-bedroom unit, one studio-style 1-bedroom unit, and one 2-bedroom unit. The street-level unit benefits from strong visibility and direct access, offering flexibility for a variety of permitted uses subject to buyer verification. The property generates in-place income with the street-level storefront and studio leased together for $1,135 per month, while the 2-bedroom residential unit is leased at $725 per month. The 1-bedroom residential unit is currently vacant, with a projected market rent of approximately $725 per month. For investors seeking an income-producing asset with existing cash flow and room for future value enhancement, this property represents a strong addition to a Philadelphia investment portfolio! Read Less
Courtesy of Darwin Laureano, EXP Realty, LLC 888-397-7352
Listing Snapshot
Days Online
26
Last Updated
Property Type
Townhouse
Beds
4
Full Baths
2
Partial Baths
1
Square Ft.
2,160
Lot Size
0.03 Acres
Year Built
1925
MLS Number
PAPH2592510
Additional Details
Building
Built in 1925, Living area: 2160, Levels: 2, Construction Materials: Masonry, Brick
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