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About This Home
This 0-bedroom, 0-bathroom residential multi family at 2255 N 12TH Street in PHILADELPHIA, PA is listed for $599,999 ($192 per sqft). Built in 2015, the home offers 3,132 sqft of living space on a 0.03 acres lot.
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 $629,000, the property delivers an approximate 7.7% 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.
Key Features
- Built in 2015
- 0.03 acre lot
Property Details
Amenities
Monthly Cost Estimate
$3,209/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2255 N 12TH Street
PHILADELPHIA, PA 19133
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 2255 N 12TH Street is listed at $599,999 ($192/sqft). The estimated monthly payment is $2,600 based on 20% down at 6.5% interest.
Key features include: Built in 2015, 0.03 acre lot.
This property is listed by Irina Wynn and can be reached at 2154217867 or wynnrealestate@hotmail.com.
