7032 PASCHALL AVENUE, PHILADELPHIA, PA 19142

bedrooms 6
bathrooms 3
|Moradia
THB ฿11.298.869
USD $325.000
Publicado em: 20 11 2024
Última atualização em: 02 01 2025
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
Propriedade ID: 110095837061
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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 Beds, 1.5 BathsUnit 2 (1 Floor): 3 Beds, 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.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.  Monthly Income and Expenses:Rental Income: $3,500/monthMortgage (PITI - Principal, Interest, Taxes, Insurance): $2,000/monthNet Income: $3,500 - $2,000 = $1,500/ 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 Now 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.The property can also be delivered vacant.Book your showing! Also listed as a Multifamily, MLS ID:PAPH2386860

Detalhes da propriedade

Informações básicas

Tipo de Propriedade
Moradia
Status da listagem
Active
Tamanho do terreno
323,75 m2
Tamanho do edifício
163,79 m2
Ano de construção
1915
cômodos
6 camaroom(s), 3 banhoroom(s)
Estilo de Arquitetura
Other
município
PHILADELPHIA
Fornecedor
Bright MLS
Subdivisão
Paschall
Nome do Escritório de Corretagem
Keller Williams Main Line
Telefone do Escritório de Corretagem
(610) 520-0100
Bairros
PHILADELPHIA
Endereço
7032 PASCHALL AVENUE, PHILADELPHIA, PA 19142
Entre em contato com agente
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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      Propriedade ID: 110095837061

      Dados fornecidos por Bright MLS, MLS #: PAPH2421690
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