616 S Hancock St

Philadelphia, PA 19147

Perfect opportunity for a beautifully updated and maintained turn-key triplex in Queen Village. Ideal for an investor looking for a solid ROI in a red-hot area. All units are currently rented and building brings in $57,180/year in rental income. (Unit 1: 1BD/1bth at $1,470/month. Unit 2: 1BR/1bth at $1,320/month. Unit 3: 1BR plus Den/1.5bth at $1,975/month. All leases automatically renew each year with slight increases in monthly rent). Building has fully separated gas and electric. Each unit has its own HVAC with Central Air. Each unit has really nice outdoor space. And each unit has excellent space, layout, and light. The 3rd floor has its own Washer/Dryer in unit and the 1st and 2nd floor units share a washer and dryer in the really clean basement (which also provides excellent storage). Hancock Street is a quiet tree-lined block (just a single block long), one block from Head House Square and the awesome Society Hill Farmers Market and all of the restaurants and shopping of Queen Village, Society Hill, and South Street. This is a stellar property in an excellent location (98 WalkScore).