PROPERTY DESCRIPTION

Wonderful opportunity for the Owner-Occupant and Investor alike! This Northwood neighborhood triplex is well-maintained, income-generating, and has 1 unit available if you want to move in or select your next tenant. Revenue-generating ideas include adding coin-operated laundry or storage to the basement for the tenants, separating the heat/hot water utilities, or perhaps even adding central air. Unit 1 is a 2-bedroom, bi-level unit that expands across the entire 1st floor plus the front room on the 2nd floor and with exclusive access to the unfinished basement. Unit 2 is a 1-bedroom that occupies the rear portion of the 2nd floor. Unit 3, also a 1-bedroom, occupies the 3rd floor. Current rents/lease end dates are: Unit 1 $1100 (good through 10/31/2024); Unit 2 $1120 (good through 5/31/2024); Unit 3 is vacant. Area rentals are approximately $875 for a 1 bedroom of its size; or if you seek PHA approval like the current owner did, you could get $1200+ for the unit. [Please inquire of PHA to verify this for yourself.] A large backyard makes urban living a breeze. Start planning your Memorial Day BBQ today! Not only a great home or investment, but it�s conveniently located, too. Just an 8-minute walk to the Arrott Station for the Market-Frankford El and a 9-minute drive to I-95, Jefferson Frankford Hospital, ShopRite, Target, and The Home Depot! 24-hour notice is needed to show, so get scheduled to show as soon as possible so your buyer doesn�t miss out on this great property.