Description
If you're in search of a triplex to renovate and transform into a profitable investment, look no further than 1212 Federal Street. This property is ideally located just two blocks away from both Broad Street and East Passyunk Avenue, making it highly desirable for potential tenants. Upon entering the building, you'll find the first-floor unit, which currently offers 1 bedroom, 1 bathroom, and a spacious rear patio. The second and third-floor units feature 2 bedrooms and 1 full bathroom each. Additionally, the third floor provides access to the roof via stairs. The unfinished basement spans the entire property, providing ample storage space for tenants. After renovations, Unit 1 has the potential to generate $1500 or more per month, while Units 2 and 3 could bring in $1900 or more each. 1212 Federal Street boasts a highly walkable location, with easy access to the best restaurants in the area and convenient transportation options. With its desirable location and potential for rental income, this property is worth considering for your next project. Being sold "as-is."
-
0BEDS
-
0.02ACRES
-
0BATHS
-
01/2 BATHS
-
2,016SQFT
-
$213$/SQFT
Description
If you're in search of a triplex to renovate and transform into a profitable investment, look no further than 1212 Federal Street. This property is ideally located just two blocks away from both Broad Street and East Passyunk Avenue, making it highly desirable for potential tenants. Upon entering the building, you'll find the first-floor unit, which currently offers 1 bedroom, 1 bathroom, and a spacious rear patio. The second and third-floor units feature 2 bedrooms and 1 full bathroom each. Additionally, the third floor provides access to the roof via stairs. The unfinished basement spans the entire property, providing ample storage space for tenants. After renovations, Unit 1 has the potential to generate $1500 or more per month, while Units 2 and 3 could bring in $1900 or more each. 1212 Federal Street boasts a highly walkable location, with easy access to the best restaurants in the area and convenient transportation options. With its desirable location and potential for rental income, this property is worth considering for your next project. Being sold "as-is."
©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Your Home Team | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-12-02T14:52:28.583.