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About This Home
This 0-bedroom, 0-bathroom other at 1201 E LYCOMING Street in PHILADELPHIA, PA is listed for $299,900. Built in 1925, on a 0.03 acres lot.
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 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!
Key Features
- Built in 1925
- 0.03 acre lot
- 1 parking spaces
Property Details
Monthly Cost Estimate
$1,604/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1201 E LYCOMING Street
PHILADELPHIA, PA 19124
JUNIATA
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom other at 1201 E LYCOMING Street is listed at $299,900. The estimated monthly payment is $1,300 based on 20% down at 6.5% interest.
Key features include: Built in 1925, 0.03 acre lot, 1 parking spaces.
This property is listed by Darwin Laureano and can be reached at 6109739441 or darwin.laureano@exprealty.com.
