7032 PASCHALL AVENUE, PHILADELPHIA, PA 19142

Autre
THB ฿11 072 723
USD $325 000
Publié le: 24 08 2024
Dernière mise à jour le: 21 11 2024
7032 PASCHALL AVENUE, PHILADELPHIA, PA 19142
7032 PASCHALL AVENUE, PHILADELPHIA, PA 19142
7032 PASCHALL AVENUE, PHILADELPHIA, PA 19142
+16
7032 PASCHALL AVENUE, PHILADELPHIA, PA 19142
  • 16
Propriété ID: 110094136306
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End Of Row/Townhouse - PHILADELPHIA, PA

7032 PASCHALL AVENUE, PHILADELPHIA, PA 19142
Live-In Investment Opportunity with Incredible Earning Potential Unlock the potential of real estate investment with this stunning, modern duplex in the 19142 Philadelphia area. This versatile property is ideal for live-in investors or seasoned landlords ready to expand their portfolio. With one unit currently rented to a reliable tenant, you’ll benefit from immediate income on day one!Features:Unit 1 (2 Floors): 3 Bedrooms, 1.5 BathsUnit 2 (1 Floor): 3 Bedrooms, 1 BathRenovations with Modern Amenities: all-new appliances (washer, dryer, refrigerator, stove), high-end laminate floors, modern doors, hardware, and fixtures. Upgraded kitchens with tall cabinets, quartz countertops, and workstation sinks with LED-lit faucets. New bathrooms boast tiled finishes, touchless smart toilets with built-in bidets, LED-lit mirror medicine cabinets with defog and sockets,  plus multi-functional shower panels with display screens.Investment Highlights:Projected Rent Income: $3,500/month or $42,000/yearMortgage Savings for Live-In Investor: With an estimated mortgage of $2,000 per month, a live-in investor could offset around $1,700 monthly by renting one unit. Alternatively, rent out both units and enjoy a potential monthly profit of $1,500!Tax Benefits: With an LLC structure, landlord investors could benefit from significant tax advantages, such as write-offs for repairs, depreciation, and mortgage interest.Potential ROI in 2 Years: With rental income and rising property values in Philadelphia, this property is a sound investment that could deliver returns in as little as two years—or sooner with the right mortgage plan.New Developments Nearby: The neighborhood is growing, with developments like a new Amazon Hub just blocks away and a condominium project in progress, adding value and appeal to the area.Family-Friendly and Convenient: A charter school within walking distance and a nearby church make this a prime rental area for families.Close to Major Transportation: Only 10 minutes from Philadelphia International Airport, with public transportation just a block away for convenient city access.Key Benefits for Buyers:Live-In Investor Option: Live in one unit and let the rent from the other offset your mortgage while you build equity over time.Immediate Income Stream: The property has a reliable, long-term tenant currently paying competitive rent, creating an instant cash flow.High-Growth Area: Philadelphia home prices have been steadily increasing, making this property an excellent wealth-building asset with substantial appreciation potential.Perfect for New Investors!This low-risk, high-reward property is perfect for first-time investors who want to kickstart their portfolio with minimal hassle and a clear path to financial growth. Secure this duplex today to start building wealth in one of Philadelphia’s most promising neighborhoods. THE NUMBERS SPEAK FOR THEMSELVES!! Monthly Income and Expenses:Rental Income: $3,500 per monthMortgage (PITI - Principal, Interest, Taxes, Insurance): $2,000 per monthNet Income: $3,500 - $2,000 = $1,500 per monthAnnual Cash Flow:Monthly Net Income: $1,500Annual Net Income: $1,500 x 12 = $18,000Initial Investment:Down Payment: $65,000     (on a sales price of $325,000)ROI Calculation:ROI=(Annual Net Income/Initial Investment)×100 Let’s plug in the numbers:ROI=(18,000 / 65,000)×100 The ROI on this property is approximately 27.69% based on the annual net income and initial investment. This is a strong return, especially for a rental property.  -8%–12% ROI: Typically considered good for rental properties, especially in stable markets. This range usually accounts for average rental property returns after expenses.-15%–20%+ ROI: Considered excellent for rental properties. Achieving this range often involves buying undervalued properties, making improvements, or investing in high-demand rental markets.Property can  be delivered vacantBook your showing!

Détails de la propriété

Informations générales

Type de propriété
Autre
Statut de la liste
Active
taille du bâtiment
163,79 m2
Année de construction
1915
Style d'architecture
Other
Comté
PHILADELPHIA
Fournisseur
Bright MLS
Subdivision
Paschall
Nom de l'Agence Immobilière
Keller Williams Main Line
Téléphone de l'Agence Immobilière
(610) 520-0100
Quartiers
PHILADELPHIA
Adresse
7032 PASCHALL AVENUE, PHILADELPHIA, PA 19142
Contacter L'agent
Michael Fiteni
Keller Williams Main Line
6 Coulter AVENUE, Ardmore, PA 19003
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Michael Fiteni
6 Coulter AVENUE, Ardmore, PA 19003
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      Propriété ID: 110094136306

      Données fournies par Bright MLS, MLS #: PAPH2386860
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