2329 N Park Ave
Philadelphia, PA 19132
Temple Investment Opportunity · Multifamily Property For Sale · 12 Units

3 UNIT MULTIFAMILY with 12 Bedrooms and 4 ½ Bathrooms. Grow your investment portfolio quickly with these income Opportunity. Currently making a CASH FLOW of $70,500 per year fully leased, Total Expenses are $15,851.95 per year, NOI $54,648.05 and CAP RATE OF 9.5% per year. The property is located two blocks from Broad Street, and a couple blocks from Temple University, between W Daulphin and W York St. The Basement is producing $12,600 per year; the 1st level is $18,180 per year. 2nd & 3rd levels are $40,020 per year. The units boast open floor plans, wood flooring throughout, and feature modern, high-end finishes, custom tile work, central air/heat, newer windows in each bedroom and best of all, a great return on investment. this building will make a great addition to your investment portfolio or be a great starter investment with one-year leases already in place, this property is 100% Fully leased. The Zoning was changed back to 3 unit Multifamily a couple weeks ago, please see information on BRIGHT MLS. Conveniently located within walking distance to Broad Street Line subway and Temple University. It is New Construction developments around the corner on BROAD St. This property is perfect for student rentals! Schedule an appointment to see this multi-family property today! **Tenants living in Units now** By Keller Williams Real Estate DianaRDelivers