1402 N Willington Street

Philadelphia, PA 19121

Investment Opportunity: Renovated Triplex Generating $4,500 Monthly Rental IncomeListing Price: $599,000Property Overview:Discover an incredible investment opportunity in the heart of the city. This renovated triplex offers three fully rented units, each contributing to a steady monthly rental income.Unit Breakdown:Unit 1 (Ground Floor): 2 bedrooms, 1 bathroom, open-plan living and dining area, modern kitchen, private patio space.Unit 2 (Second Floor): 3 bedrooms, 2 bathrooms, spacious living area, updated kitchen with granite countertops, in-unit laundry, balcony.Unit 3 (Third Floor): 1 bedroom, 1 bathroom, cozy layout, skylights, upgraded fixtures.Key Features:Fully Rented: All units are currently leased, generating a total monthly rental income of $4,500, providing immediate returns for the investor.Renovated Interiors: Each unit has been renovated with modern finishes, including hardwood floors, updated bathrooms, and contemporary fixtures.Prime Location: Situated in the bustling city center, tenants enjoy easy access to amenities, public transportation, and employment opportunities.Low Maintenance: Recent renovations minimize upkeep, allowing for hassle-free ownership and maximizing profitability.Separate Utilities: Each unit has its own meter, ensuring tenants are responsible for their own utility costs.Financial Highlights:Monthly Rental Income: $4,500Annual Rental Income: $54,000Operating Expenses: Approximately $15,000 annually (including taxes, insurance, maintenance)Net Operating Income: Approximately $39,000Cap Rate: 6.5%Cash-on-Cash Return: 8.2%Additional Information:This triplex represents an excellent opportunity for investors seeking immediate rental income in a high-demand urban market. With a competitive listing price and strong financial performance, it's a must-see for any savvy investor.Contact us today to arrange a viewing and secure your investment in the thriving city real estate market.