950 Belmont Ave

Philadelphia, PA 19104

Investor?s opportunity. TURN-KEY. Fully Occupied Quadruplex. Paying tenants! LOW TAXES. This 4 units building is currently managed by a property management company, so it would be an easy takeover for an out-of-town investor. This is a great turn-key property that has paying tenants and 12-month leases in all 4 apartments. First floor 1 bedroom + Yard & Basement $895/month. Second Floor Front 1 bedroom/efficiency $695/month. Second Floor Back Studio $550/month. Third Floor 1 bedroom/efficiency $750/month. This 3-story building has a gross monthly rent of $2,890. The owner pays for water/sewer only. Inspections for information purposes only. The seller will make no repairs. All four apartments were fully renovated in 2015. New Roof installed in 2018. On-going repairs and maintenance have been completed as needed. Close to public transportation. Walking distance to Fairmount Park, Please Touch Museum, Philadelphia Zoo, and the Philadelphia Art Museum. Located just minutes from booming University City. It is the ideal investment property.