1221 Wagner Avenue,
Philadelphia,
PA
19141
Investment Property with Reliable Income! Huge 6 bed 2 full bath home with a basement, fully occupied, on a large corner lot. Oversized porch, fireplace and big bedrooms upstairs. Updated 200 amp electric, gas water heater, radiator oil heat. 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 3539 N Marvine St, 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.
This is an Active listing.
Broker Office Phone Number: 856-316-1100
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