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About This Home
This 0-bedroom, 0-bathroom residential multi family at 1812 W MONTGOMERY Avenue in PHILADELPHIA, PA is listed for $419,900 ($123 per sqft). Built in 2013, the home offers 3,411 sqft of living space on a 0.02 acres lot.
Motivated seller! This modern duplex, just blocks from Temple University, offers a fantastic opportunity for investors and owner occupants. Each unit features four bedrooms and two full baths, with all appliances included and contemporary finishes that make them move in ready.
Currently, one room is rented on a month to month lease for $550/month, and the property has the potential to generate $4,400/month if fully rented, or $2,200/month from one unit to help offset a mortgage for an owner occupant. The property is currently assessed at $828,000, resulting in overinflated taxes.
A successful tax appeal could dramatically lower the taxes, increasing the property's cash flow and overall value. Based on potential rental income, this property offers a pro forma cap rate of 8%. Built in 2013, this duplex combines location, modern living, and strong income potential in a highly desirable Temple area neighborhood. Don't miss your chance to own a turnkey property with multiple paths to profitability!
Key Features
- Built in 2013
- 0.02 acre lot
Property Details
Amenities
Monthly Cost Estimate
$2,246/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1812 W MONTGOMERY Avenue
PHILADELPHIA, PA 19121
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 1812 W MONTGOMERY Avenue is listed at $419,900 ($123/sqft). The estimated monthly payment is $1,820 based on 20% down at 6.5% interest.
Key features include: Built in 2013, 0.02 acre lot.
This property is listed by Jaiden Makhoul and can be reached at 2676255700 or jaiden.makhoul@compass.com.