If you are searching for a lucrative investment opportunity in the vibrant city of Philadelphia, look no further than this well-maintained tenant-occupied property. Located in the desirable Cobbs Creek section, this property offers a host of advantages that make it an attractive investment option.
One of the key highlights of this property is its current tenant occupancy, with a lease that will extend until December 2022. This ensures a steady stream of rental income for the foreseeable future, providing investors with a sense of security and peace of mind.
With three bedrooms, this property is ideal for families or individuals seeking spacious living arrangements. The Cobbs Creek section of Philadelphia is known for its serene and family-friendly atmosphere, making it an appealing location for potential tenants. The availability of multiple bedrooms enhances the property’s rental potential and ensures a higher demand from tenants.
Aside from its internal attributes, the property’s location is another enticing feature. Situated in close proximity to schools, Delaware County, University City, shopping centers, and public transportation, this investment property offers convenience and accessibility to its residents. Families with school-going children will appreciate the proximity to educational institutions, while the accessibility to public transportation is a significant advantage for those commuting to work or exploring the city.
Moreover, the property’s utilities are all electric, which is a great asset for a rental property. This eliminates the need for property owners to bear the cost and maintenance associated with gas or oil-based utilities. This convenience, combined with the well-maintained condition of the property, makes it an appealing choice for prospective tenants.
Investing in an income property in Philadelphia can be a rewarding venture, and this tenant-occupied property presents a unique opportunity. With a secure lease in place, three bedrooms, a desirable location, and electric utilities, this property is an enticing prospect for investors seeking a reliable and profitable investment.
As with any investment, it is essential to conduct thorough due diligence and consult with real estate professionals to ensure that this investment aligns with your financial goals and expectations. Philadelphia’s real estate market has shown resilience and growth over the years, making it an attractive choice for both seasoned and novice investors.
Don’t miss out on this fantastic opportunity to own a well-maintained investment property in the heart of Philadelphia. Whether you are a seasoned investor or a first-time buyer, this property ticks all the right boxes, offering security, convenience, and the potential for long-term financial success. Act now and secure your future in the thriving Philadelphia real estate market.
5826 ALTER STREET, PHILADELPHIA, PA 19143