1242 W ALLEGHENY AVE, Philadelphia, PA 19133  

Price
$ 279,000
MLS#
6171465
Nearby Amenities information supplied by Bing
Property details

Location X 10!!! Rare Templ University vicinity investment opportunity to own up to 5 turnkey investment properties entailing 21 units on the same block with positive cash flow, NO L&I violations, separate utilities and fully occupied! This multi-family building is situated in the heart of TU Hospital expansion complex. Recent upgrades include rubber roof, mechanical systems etc. Huge ROI upside with present rent schedule 45% to 60% below market if rented to TU faculty or student body. This property can be purchased/bundled with 1228, 1230, 1234, & 1302 Allegheny Ave for the assertive Monopoly player investors. Contact Darryl Miller, GreenRE, CRB, CCIM- Broker Associate for additional & showing instructions. Note: all prospective investors must provide pre-qualification proof of funds prior to showings.

Listing Type
Multi-Family
Listing ID
6171465
Lot Size
1,307.00 sqft
Listing Status
Active
Year Built
1954
County
Philadelphia
Subdivision
Temple University
Floors
Quadplex,S
Units
4
County School District
Philadelphia
Zoning
R10
Taxes
1301.0
TaxYear
2014
Listing courtesy of BHHS Fox & Roach-Jenkintown
Price History
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Date Event Change Price
5/22/2013 Price change $-16,000 (-5.4%) $279,000
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Listing Information Provided By: RE/MAX AFFILIATES N.E.
9237 Frankford Ave Philadelphia, PA 19114 | Phone: (215) 335-6900
EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.