6 unit building in West Oal Lane – $549,900 2001 Middleton St, Philadelphia, PA 19138

Property Detail

Type Status Location Price 549,900

Property Description

House details:

  • 6 unit
  • 4200 sq ft
  • Annual taxes $4,403
  • NOI $46,738
  • Cap rate 8.5%

– 6 Unit building featuring all 1 bedroom apartments.

– Rents :1 unit is 850, the other 5 units are 900 all 1 bed 1 bath

– Legally zoned all tenants pay their own utilities, and are on month to month leases

– Gross rent  64,200 Year

– Total Expense $17,462: RE Tax – $4,400; Insurance – $4,000; Misc – $7,062;  Water: $2000

– NOI $46,738

Showings to serious buyers only with POF provided.

Leave Your thought on this post

Your email address will not be published. Required fields are marked *