1701 N 20TH ST # 3 Philadelphia PA 19121-3145

Introducing an 🌟exceptional🌟 investment opportunity in the ❤️heart❤️ of Philadelphia! This 12-unit property at 1701-3 N 20th St is now being offered for $1.4 million, featuring an impressive 💰cap rate of 7.27% and outstanding income potential. 🏢🏡

🏢 Property Highlights 🏢

• 🏡 Mix of 5 studios, 1 (1BR/1BR), 3 (2BR/1BR), 2 (3BR/1BR), and 2 (4BR/2BR), with the 4-bedroom units rented by the room for maximum returns.

• 🌟 Strong rental performance with only 2 vacancies currently.

• 🚀 Fantastic cash flow opportunity with plenty of room for future growth.

• 🏙️ Situated near top universities, public transportation, and abundant amenities.

💰 Financials 💰

• Current Gross Annual Rental Income: 💵$135,732💵

• Monthly Rental Income: 💵$11,311💵 (with 2 vacancies).

• Expenses: 💼 Estimated at 25% of income, totaling 💼$33,933 annually.

• Net Operating Income (NOI): 💲$101,799 per year.

• Cap Rate: 🏦 7.27%.

🚀 Unlock the Potential 🚀

This property is fully functional and already generating strong income, but there's significant room to grow! 🛠️✨ With below-market rents and cosmetic upgrades, you can further enhance the building’s appeal and increase rental income. Whether you’re experienced or new to investing, this property offers long-term upside.

🌆 Location Highlights 🌆

Nestled in a thriving Philadelphia neighborhood, this property is close to everything tenants desire:

• 🛒 Supermarkets like Aldi and H Mart.

• 🍔 An abundance of restaurants, cafes, and bars.

• 🌳 Parks and green spaces for outdoor relaxation.

• 🎓 Minutes from Temple University and other top schools.

• 🚇 Convenient public transit access for easy commutes.

🎓 Perfect for Students and Professionals 🎓

The versatile mix of unit sizes makes this property ideal for students 📚, young professionals 💼, and families alike. The neighborhood’s amenities and high rental demand ensure steady occupancy and reliable cash flow.

🌟 Don’t Miss Out! 🌟

At just $1.4 million, this is a steal with a 7.27% cap rate and plenty of upside potential. Whether you’re looking to add to your portfolio or make your first multi-unit investment, this is a rare opportunity you don’t want to miss. Contact me today to schedule a tour! 📞📆

🌟 Investment Opportunity in Philly! 🌟

At a Glance:

• Price: $1.4 million

• Gross Annual Income: 💵$135,732💵 (monthly: $11,311).

• Expenses: 💼 $33,933 (25% of income).

• Net Operating Income (NOI): 💲$101,799.

• Cap Rate: 🏦 7.27%.

Unit Breakdown:

• 🏢 5 Studios

• 🏠 1 (1BR/1BR)

• 🏡 3 (2BR/1BR)

• 🏘️ 2 (3BR/1BR)

• 🏠 2 (4BR/2BR) rented by the room.

Why Invest?

• 🚀 Strong rental performance with only 2 vacancies.

• 🌟 Below-market rents = opportunity to increase cash flow.

• 🛠️ Room for cosmetic upgrades to maximize potential.

Prime Location Perks:

• 🛒 Near Aldi, H Mart, restaurants, and cafes.

• 🌳 Close to parks and recreation.

• 🎓 Convenient for Temple University and public transit.

📞 Don’t miss out! Contact me today for a tour. 🏡💰 #InvestmentOpportunity #RealEstate 🌆