850 E Chelten Ave

Philadelphia, PA 19138

850 E Chelten Ave, Phila PA 19138 2,264 Square Ft Multi-Family Building (ZONED RM1), 1,872 Square Foot Lot. This building is currently situated as an apartment building; the 1st floor has (2) one bedroom apartment's with their own bathroom's and a shared kitchen, the second floor has (2) one bedroom apartments with shared kitchen and bathroom, the 5th unit is a bi-level 2 bedroom apartment with it's own kitchen and bathroom. The total rental income on the building is $2,400. The landlord pays for all the utilities. The building is turnkey with multiple long-term tenants who have excellent payment history. The building itself has a fire alarm system, security system, electric baseboard heaters throughout, & a (2) meter electrical system - common and main. There is an opportunity to make some cosmetic upgrades and maximize the rental income. The physical property location is ideal, walking distance to LaSalle University, close vicinity to Germantown, Broad Street. This is an excellent opportunity to buy and immediately rent 5 units, or make upgrade's to the building and maximize your profits. Give me a call/message if interested. Must use seller's title company.