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