1624 N Patton St

Philadelphia, PA 19121

1624 Patton - Presents a Great Investment Opportunity in the Brewerytown neighborhood!!! Offered @ 6.5% CAP!!! a block off Fairmount Park. Modern touches blend seamlessly with original character in this tastefully renovated 3BD 1.5 BA home. Home has an open floor plan with hardwood floors, Exposed Brick and a spacious private back yard. The Kitchen has Shaker Style cabinets, Granite Counter top, tile back splash, Stainless Steel Appliances, Recessed lighting throughout. Fully Rented for $1,649 per month + $75 per month water fee ANNUAL RENT = $19,788 . Locked in for a 2 Year Lease expiring on 5/14/22. One block from public transportation. There is a project of 10 single family homes with Garages planned on the other side of the block, that will sell for $600K +++ Property is located in the Qualified Opportunity Zone!!! Seller can Provide an introduction to lender who will provide 75% LTV, 3.95% Rate for Qualified Investors! This tenant occupied property is a GREAT INVESTOR OPPORTUNITY at 6.5% CAP!!!