Description
SHOVEL READY , SHOVEL READY , SHOVEL READY !! WELCOME TO ONE OF THE LIFE TIME OPPORTUNITY TO START 7 UNIT APARTMENT RIGHT BY DREXEL AND UPENN CAMPUS. THE LOCATION IS BOOMING. THERE ARE MULTIPLE NEW CONSTRUCTION ON THE SAME BLOCK WITH ESTABLISHED RENTAL MARKET. GREAT LOCATION FOR RENTAL MARKET. THERE IS AN EXISTENCE THREE STORY HOUSE TO BE DEMOLISHED. DEMOLISHED PERMIT IS READY ! THE PROJECT IS FULLY APPROVED FOR 7 UNIT AND WILL DELIVERED WITH ALL APPROVED PLANS AND PERMITS AS WELL AS APPLIED 10 YEARS TAX ABATEMENT. THE UNITS BREAKDOWN ARE AS FOLLOWS:
3 - 3 BEDROOM AND 2 BATH
1 - 3 BEDROOM AND 3 BATH
1- 4 BEDROOM AND 4 BATH
1- 2 BEDROOM AND 2 BATH
1- 1 BEDROOM AND 1 BATH
EXPECTED RENTAL INCOME IS 800-850$ PER ROOM WHICH MAKES 16150 + PER MONTH. THIS MONEY MACHINE IS WAITING FOR ITS NEW BUILDER TO BECOME LIVE ON THE MARKET. PLEASE DRIVE BY AND MAKE AND OFFER. YOU WILL NOT BE DISAPPOINTED!!.
B.S: APPROVED PLAN IS ATTACHED ON MLS
Location
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 23rd March, 2023 10:51 PM (UTC)
