1221 WAGNER AVENUE
Philadelphia, PA 19141
3024 sqft | 6 beds | 2 baths | 0.07 acres | #PAPH2417396
Description
Investment Property with Reliable Income! Huge 6 bed 2 full bath home with a basement, fully occupied, on a large corner lot. Oversized porch, fireplace and big bedrooms upstairs. Updated 200 amp electric, gas water heater, radiator oil heat. The property is currently leased to a professional property management company that manages over 20 properties. They guarantee a monthly rental income of $1,800 ($21,600 annually) and handle all utilities, maintenance, and repairs, with the landlord covering material costs only, as necessary. The management company also oversees subleasing, offering the owner a dependable, hands-off income stream. Property is being sold in as-is condition and Buyer is responsible for all municipal certifications. This property can also be purchased as part of a 3 property portfolio package including 3539 N Marvine St, Philadelphia and 5129 N 10th St, Philadelphia which is producing a combined $69,600 annually. The asking price for all 3 properties is $600,000.
Property Details
- Lot DescriptionCorner, Front Yard, Rear Yard, SideYard(s)
- Exterior MaterialsSidewalks, Street Lights
- FoundationConcrete Perimeter
- InteriorKitchen - Eat-In
- Sewer InformationPublic Sewer
- MLS #PAPH2417396
- Property SubtypeResidential
- MLS #PAPH2417396
- SubdivisionFERN ROCK
- Property TypePurchase
- Utility FeaturesCable TV
- BasementPartial
- Utility SourcePublic
- Taxes Annual$2,928
- Cost238991
- Acres0.07
- Square Feet3024
- Year Built1940
- Bedrooms6
- Bathrooms2
- Full Baths2
Location
Legal
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Last Updated: . Source: BRIGHT
Listing Courtesy
Listing Agent: Austin Cennimo (#3320497), Phone: (609) 372-6863, Email: austin@777propertygroup.com
Listing Office: Keller Williams Realty - Moorestown (#55528)
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