1650 Orthodox Street
1650 Orthodox Street
$150,000
5
2
1,280
1,280
$117
Active Under Contract
Description
Cashflow King. Double Your Dividends: Duplex with 10.7% Cap Rate in Prime Philly Location! Room to increase your cashflow and appreciation. Unit 1 has under market rents, while unit 2 needs updating. Even with one unit vacant the property boasts a 10.7 Cap Rate. Spacious 4-bedroom, 1-bathroom unit: Perfect for groups of any demographic, this unit generates consistent income ( with room to grow ) with ample space for comfortable living. Cozy 1-bedroom, 1-bathroom unit: This unit provides additional...Cashflow King. Double Your Dividends: Duplex with 10.7% Cap Rate in Prime Philly Location! Room to increase your cashflow and appreciation. Unit 1 has under market rents, while unit 2 needs updating. Even with one unit vacant the property boasts a 10.7 Cap Rate. Spacious 4-bedroom, 1-bathroom unit: Perfect for groups of any demographic, this unit generates consistent income ( with room to grow ) with ample space for comfortable living. Cozy 1-bedroom, 1-bathroom unit: This unit provides additional rental income and maximizes your return on investment. Update this unit and increase the already healthy rate of return. Minutes from major attractions, vibrant nightlife, and diverse dining options. Easy access to public transportation:
Tenants can easily explore the city and surrounding areas without relying on cars. Growing neighborhood with strong rental demand: Benefit from the area's steady development and increasing tenant pool. Separate utilities: Individual meters for each unit minimize tenant disputes and maximize control over expenses. Potential for further value enhancement: Renovate the units or add modern amenities to attract premium renters and further boost your returns. Don't miss out on this rare opportunity to secure a high-performing asset in a desirable Philadelphia location! Contact us today to schedule a viewing and unlock your path to financial freedom with this 10.6% cap rate powerhouse!
Tenants can easily explore the city and surrounding areas without relying on cars. Growing neighborhood with strong rental demand: Benefit from the area's steady development and increasing tenant pool. Separate utilities: Individual meters for each unit minimize tenant disputes and maximize control over expenses. Potential for further value enhancement: Renovate the units or add modern amenities to attract premium renters and further boost your returns. Don't miss out on this rare opportunity to secure a high-performing asset in a desirable Philadelphia location! Contact us today to schedule a viewing and unlock your path to financial freedom with this 10.6% cap rate powerhouse!
- Listed by Kalif Celestine • KW EmpowerP: 4848329429 kalif.celestine@kw.com
- Listed by Angelo Giganti • KW EmpowerP: 2676881133 agiganti82@gmail.com
Property Details for 1650 Orthodox Street
Tax ID Number
232087300
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleOther
WaterfrontNo
GarageNo
MunicipalityPHILADELPHIA
Central AirNo
Location
LISTING UPDATED: 04/29/2024 09:38 AM
Property Details for 1650 Orthodox Street
Status | Active Under Contract |
---|---|
MLS # | PAPH2310302 |
Days on Market | 113 |
Taxes | $1,433 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1935 |
Lot Size | 0.03 AC / 1,250 SF |
County | Philadelphia County |
Location
Building Information for 1650 Orthodox Street
Stories-Residences2Year Built1935Building Size-Lot Size0.03 AC / 1,250 SF
Payment Calculator
$938 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1650 Orthodox Street
Property History for 1650 Orthodox Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1650 Orthodox Street
Taxable ValueLand-Additions-Total-
Tax Record2023$314 ($26 / month)
Home Facts
Total Finished SqFt1,280 SqFtAbove Grade Finished SqFt1,280 SqFtStories2Lot Size1,250 SqFtStyleMulti-Family Res (5+ Units)Year Built1935ZoningRM1CountyPHILADELPHIAAPN23-2-0873-00
Schools near 1650 Orthodox Street
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 5 to 8 |
Rating | School | Distance |
---|---|---|
Stearne Allen M School PublicK to 8 | ||
Frankford High School Public9 to 12 | ||
Mastbaum Jules E Avts Public9 to 12 | ||
Conwell Russell Middle School Public5 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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