$325,000
For Sale

7032 PASCHALL AVENUE

Philadelphia, PA 19142
1763 sqft | 6 beds | 3 baths | 0.08 acres | #PAPH2421690
Listing OfficeKeller Williams Main Line
Office Phone(484) 340-0598
Office Emailmickfiteni@kw.com
Browse 16 photos
Type:Purchase
Structure:House
Zone:Residential

Description

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 Baths
Unit 2 (1 Floor): 3 Beds, 1 Bath
Renovations 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/year
Mortgage 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/month
Mortgage (PITI - Principal, Interest, Taxes, Insurance): $2,000/month
Net Income: $3,500 - $2,000 = $1,500/ month
Annual Cash Flow:
Monthly Net Income: $1,500
Annual Net Income: $1,500 x 12 = $18,000
Initial 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

  • Property Details
      • Exterior MaterialsSidewalks, Street Lights
      • FoundationBrick/Mortar
      • Sewer InformationPublic Sewer
      • MLS #PAPH2421690
      • Property SubtypeResidential
      • MLS #PAPH2421690
      • Property TypePurchase
      • SubdivisionPASCHALL
      • Utility SourcePublic
      • Taxes Annual$4,035
      • Cost325000
      • BasementOther
      • Acres0.08
      • Square Feet1763
      • Year Built1915
      • Bedrooms6
      • Bathrooms3
      • Full Baths3

Location

Tom Governale | Keller WilliamsReal Estate Group
$
years

Down Payment

$
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10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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