Description
Unmatched investment opportunity in the heart of Historic Germantown! SIX units are being sold in +G+as is condition+G- with an estimated income of $76,020. With a CAP rate of 6.23% this property is a desirable asset for any investor's portfolio! This property consists of one 2-bedroom/1-bath unit, and five studio apartments total square footage estimated 6,500 (responsibility of buyer to confirm). Each unit consists of hardwood floors, updated kitchens, and exposed brick that are brought to life with the large windows and natural light, providing tenants with a trendy modern feel and ample living space. The property is in an ideal up and coming location between the liveliness of the city and the calm of suburbia. Germantown is a walkable neighborhood, where the locals enjoy many celebrated treasures including eateries, a 2.5 acre garden, and the Johnson House. Convenient public transport including two SEPTA rail lines, and just a few minutes drive to multiple Universities. This property is easy to rent, do not miss out on this investor's dream!
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0BEDS
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0.07ACRES
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0BATHS
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01/2 BATHS
Description
Unmatched investment opportunity in the heart of Historic Germantown! SIX units are being sold in +G+as is condition+G- with an estimated income of $76,020. With a CAP rate of 6.23% this property is a desirable asset for any investor's portfolio! This property consists of one 2-bedroom/1-bath unit, and five studio apartments total square footage estimated 6,500 (responsibility of buyer to confirm). Each unit consists of hardwood floors, updated kitchens, and exposed brick that are brought to life with the large windows and natural light, providing tenants with a trendy modern feel and ample living space. The property is in an ideal up and coming location between the liveliness of the city and the calm of suburbia. Germantown is a walkable neighborhood, where the locals enjoy many celebrated treasures including eateries, a 2.5 acre garden, and the Johnson House. Convenient public transport including two SEPTA rail lines, and just a few minutes drive to multiple Universities. This property is easy to rent, do not miss out on this investor's dream!
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