If you've been looking for a way into Philadelphia real estate that actually cash flows from day one, take a look at 79 E High St in Germantown. It's a fully renovated duplex, 2,470 square feet on a solid 0.16 acre lot, and one of the two units is already rented through PHA at $1,500 a month, so you're not starting from zero. The second unit is a four bedroom that's sitting vacant right now, giving a new owner the flexibility to lease it up and capture even more upside. Once both units are leased, you're looking at real potential for close to $3,700+ a month in combined rent, or $44,400+ a year. But here's the part that caught my attention. There's a two car garage in the back, and ownership says that parcel is zoned for a four unit development, which means there's a real path to add serious value here beyond just collecting rent. At $550,000, you're getting immediate income plus a legitimate expansion play in one package. This is the kind of deal where the numbers work today and the upside is still sitting right there waiting for someone to go get it. Schedule your showing today.
Listed By
Agency Name: OCF Realty LLC - Philadelphia
Agency Phone: 2157357368
Shown By
Agent Name: Ashley Martin
Agent Phone: (717) 333-4586
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Estimated Payment
$ 1,669.31 per month $1,224.06 Principal & Interest $284.83 Property Tax $160.42 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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79 E High Street | MLS# PAPH2643974
This multi-family property located at 79 E High Street , Philadelphia, PA 19144 is currently listed for sale with an asking price of $550,000. E High Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.ashleymartinrealestate.com today.