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Presenting 531 E Brinton St. This wonderful Twin-TRIPLEX in historic Germantown features THREE 2 BD 1 BA units, each with its own separate utilities and systems, an alarm system and a full basement. In additional each unit has a separate back entrance through an escape fire stairs leading to the back of the property. Whether you are an owner occupant who is looking to live in one unit and rent out others to help with a mortgage payment or an investor looking for a prime investment opportunity, this property can be an excellent choice for both. First floor unit is a 2 BD 1 BA currently rented at $975/mo. Second floor unit is a 2 BD 1 BA currently rented at $925/mo. Third floor is 2 BD 1 BA recently vacant w/projected rent at $1,250/mo. Current rents are below market and can be increased. This is a potential 8.9% CAP, a wonderful chance for starters looking to enter investment real estate market or to expand current portfolio. Conveniently located in desirable area close to public transportation, shopping, and major roads. Do the math and make an offer fast. Enjoy the convenience of a full-sized basement and rear yard. Don't miss this opportunity"”bring your offer!
Property Type(s):
Multi Family
Last Updated | 11/20/2024 | Year Built | 1925 |
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Community | 19144 (19144) | County | PHILADELPHIA |
SCHOOLS
School District | PHILADELPHIA CITY |
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Price History
Prior to Nov 20, '24 | $389,900 |
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Nov 20, '24 - Today | $379,900 |
Additional Details
AIR | Window Unit(s) |
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AIR CONDITIONING | Yes |
AREA | 19144 (19144) |
BASEMENT | Yes |
HEAT | Central, Forced Air, Natural Gas |
LOT | 3049 sq ft |
LOT DIMENSIONS | 31.00 x 97.00 |
PARKING | On Street |
SEWER | Public Sewer |
STYLE | Other |
TAXES | 2791 |
WATER | Public |
Location
Listing provided by RE/MAX Elite
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Data last updated: 1/10/25 4:20 AM PST
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