Investment Property with Reliable Income! 6 bed 2 full bath home with a basement, and private backyard. The first floor features a private room and an open concept kitchen, the lower level features two private rooms and a full bath, upstairs there are 3 more bedrooms and the second full bathroom. Located only a 6 minute ride to Temple University. The property is currently leased to a professional property management company that manages over 20 properties. They guarantee a monthly rental income of $1,800 ($21,600 annually) and handle all utilities, maintenance, and repairs, with the landlord covering material costs only, as necessary. The management company also oversees subleasing, offering the owner a dependable, hands-off income stream. Property is being sold in as-is condition and Buyer is responsible for all municipal certifications. This property can also be purchased as part of a 3 property portfolio package including 1221 Wagner Ave, Philadelphia and 5129 N 10th St, Philadelphia which is producing a combined $69,600 annually. The asking price for all 3 properties is $600,000.

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Broker Office Phone Number: 856-316-1100

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