Listed by LifePoint Real Estate, LLC
$4,390,000
853 thurman Avenue
Details
APN 010-028146-00
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 12
NOI $310,230
Year Built 1955
Year Renovated 2024
Parking Spaces 18 spaces
Multifamily | 12 Units
Marketing description
Beautifully renovated quad plexes adjacent to Merion Village. These units are currently licensed as short term rentals and exclusively listed on AirBnB. Tax abated for 15 years. Renovations included but are not limited to: New roof, gutters, windows, electric, HVAC plumbing, flooring, mechanicals, flooring, appliances, concrete parking lot, fencing and outdoor structures. Continued cleaning and management is negotiable.
Listing Contacts
Listed by LifePoint Real Estate, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$310,230.00
$25,852.50/mo
Valuation Metrics
0
DSCR
7.07%
Cap Rate
7.07%
ROI
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Tax History
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