5926-28-28 N 12th St

Philadelphia, PA 19141

If you're looking for a fantastic investment opportunity, Look no further! This three unit well maintained home has each unit on their own floor and is just moments away from Fern Rock station. All units are in great condition and there is a shared large backyard. Behind the backyard, a 3 bay garage that can be included in the rent or rented out separately. The first floor has 3 bedrooms, 2 full bathrooms, backyard access and a basement. The Second floor has 2 bedrooms, 1 bathroom and the third floor apartment has 1 bedroom and 1 bathroom, with the opportunity to use the den as an additional bedroom. Each apartment has separate gas heat, and the 1st floor also has baseboard heating. The market rate for rent on the 3 bedroom is $1200, the 2 bedroom is $900 and the 1 bedroom with den is $700. At these numbers, you are looking at an over 11% cap rate! Property is vacant.