Description
Welcome to 4338 Cresson Street! This triplex is located in the heart of Manayunk and offers a wonderful investment opportunity for the next owner. The property consists of a commercial/storefront unit which is an established hair salon (currently renting for $1,250/mo. plus the tenant pays the property's full water bill), a two bedroom / one bathroom residential unit (currently renting for $1,600/mo.) and a three bedroom / two bathroom unit (currently renting for $1,950/mo.) which results in a total rent roll of $4800/mo. (or $57,600/yr). Many recent improvements have been made to the property at the expense of the current owner including: window replacement, new appliances, plumbing repairs, electrical repairs, and HVAC repairs/improvements. This must-see, low-maintenance property provides stable income in an established, walkable location! All units are currently occupied so notice is needed and the property can only be shown on certain days/times.
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0BEDS
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0.03ACRES
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0BATHS
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01/2 BATHS
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2,900SQFT
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$216$/SQFT
Description
Welcome to 4338 Cresson Street! This triplex is located in the heart of Manayunk and offers a wonderful investment opportunity for the next owner. The property consists of a commercial/storefront unit which is an established hair salon (currently renting for $1,250/mo. plus the tenant pays the property's full water bill), a two bedroom / one bathroom residential unit (currently renting for $1,600/mo.) and a three bedroom / two bathroom unit (currently renting for $1,950/mo.) which results in a total rent roll of $4800/mo. (or $57,600/yr). Many recent improvements have been made to the property at the expense of the current owner including: window replacement, new appliances, plumbing repairs, electrical repairs, and HVAC repairs/improvements. This must-see, low-maintenance property provides stable income in an established, walkable location! All units are currently occupied so notice is needed and the property can only be shown on certain days/times.
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