1600 S Beulah St

Philadelphia, PA 19148

NEW PRICE and NEW ZONING- Just reduced by over $40,000, this legally zoned, income producing Dickinson Narrows corner triplex is a must-see. The first floor offers an ample efficiency unit, with separate kitchen space and a large living room/bedroom. On the second floor, there is a two-bed/one-bath with a roomy living room. The top floor offers another one-bed/one-bath, but with access to the roof space which offers Center City skyline views. Additionally, 1600 S. Beulah has an attached garage-style storage space (not quite large enough for a car). Basement is concrete slab and provides ample storage. Building is fully separately metered, and tenants pay their own utilities. No laundry facilities on-site. All renters are currently on month-to-month leases, but have been stable, long-term tenants. Currently being rented at below market rates with significant room for growth. Annual rental income is currently $25,860/year, with comparable local units renting for up to 40-50% higher. With a Walkscore of 94, 1600 S. Beulah is easily accessible to public transportation and is also within walking distance to countless bars, restaurants, and coffee shops. LA is related to seller.