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29724325
29724316

4115 Brown St, Philadelphia, PA 19104

ED
PA RS332410
Berkshire Hathaway HomeServices Fox & Roach REALTORS Philadelphia
JR
PA AB068249
BHHS Fox & Roach Center City-Society Hill
Listed by Berkshire Hathaway HomeServices Fox & Roach REALTORS Philadelphia, BHHS Fox & Roach Center City-Society Hill
$415,000
920 days on market
Updated 43 days ago
Opportunity zone

4115-17 Brown St.

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,772
Units 2
Cap Rate 7.84%
NOI $32,533
Occupancy 100%
Price per SqFt $234
Class A
Buildings 1
Stories 3
Zoning CMX2
Investment Type Owner/User

Philly CRE Advisors Proudly Presents 4115-17 Brown St

Marketing description

Nestled in the vibrant Belmont neighborhood of Philadelphia, this duplex offers a prime investment opportunity for those seeking a turnkey property in a thriving community. Renovated just a few years ago, this fully rehabbed duplex is in excellent condition, boasting modern finishes such as stainless steel appliances, hardwood-like flooring, tiled backsplashes, and in-unit laundry in both apartments. The building is currently 100% occupied, with Unit 1, a 2 bed, 2 bath, renting for $1,426/month, and Unit 2, a spacious 3 bed, 3 bath, renting for $1,910/month, bringing in a total annual rent of $40,032. The property also benefits from the tax abatement with 5 years remaining. Each unit is generously sized and features contemporary appliances and fixtures. Furthermore, the inclusion of subsidized (PHA) rents in one or both units provides a stable and reliable income stream for investors. Belmont’s growing popularity among renters, combined with its potential for future appreciation, makes this property a smart, income-generating asset for investors looking to build long-term wealth through real estate.

Investment highlights

• Stabilized Duplex | Five Total Bedrooms

• Tax Abatement In Place Supporting Strong Returns

• Contemporary Finishes Throughout

• Opportunity Zone Location with Long-Term Upside

• True Turnkey, Income-Producing Asset

Listing Contacts

ED
PA RS332410
Berkshire Hathaway HomeServices Fox & Roach REALTORS Philadelphia
JR
PA AB068249
BHHS Fox & Roach Center City-Society Hill
Listed by Berkshire Hathaway HomeServices Fox & Roach REALTORS Philadelphia, BHHS Fox & Roach Center City-Society Hill

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$32,533.00
$2,711.08/mo

Valuation Metrics

0
DSCR
7.84%
Cap Rate
7.84%
ROI

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Additional Information

Name
Eric Dvotsky
License
RS332410
Brokerage Phone
2672434652
Title
PA
Brokerage Address
530 Walnut Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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