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2548 N Waterloo Street

PHILADELPHIA, PA 19133
  • $75,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: PAPH2235074
UPDATED: 44 min ago
$75,000
  • 0
    BEDS
  • 0.01
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

Hot RM1 lot in the heart of new construction! Build a duplex with (2) 1200 sq.ft. 2-3 bed / 2 bath units. Projected rent roll of $1800-1850 / unit. $44,400 annual gross cash flow. Total build cost of roughly $350,000 and an ARV of $635,000 generating cap rate of 7% with equity of $200,000. These are just estimated numbers

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©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 Murray & Co. 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: 2023-05-30T13:54:31.797.
www.mcre.com/homes/139500679
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2548 N Waterloo Street PHILADELPHIA, PA 19133

  • Price: $75,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 44 min ago
  • ID#: PAPH2235074
0
Beds
0
Baths
0
½ Baths
0.01
Acres
Neighborhood:
19133 (19133)
County:
Philadelphia
Area:
19133 (19133)
School District:
The School District Of Philadelphia
Property Description
Hot RM1 lot in the heart of new construction! Build a duplex with (2) 1200 sq.ft. 2-3 bed / 2 bath units. Projected rent roll of $1800-1850 / unit. $44,400 annual gross cash flow. Total build cost of roughly $350,000 and an ARV of $635,000 generating cap rate of 7% with equity of $200,000. These are just estimated numbers
Exterior Features

Garage YN No Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Property Features

Acceptable Financing Cash Assessment Year 2023 Association YN No Central Air YN No Construction Completed YN No Current Use Residential Municipality Philadelphia Navigable Water YN N Original MLSNumber 802338823118 Ownership Interest Fee Simple Possession Immediate Property Sub Type Land Sale Type Standard Sewer Public SepticPublic Sewer Tax Annual Amount 286.00 Tax Assessment Amount 20500.00 Tax Lot 302 Vacation Rental YN No Water Source Public Zoning Rm1

Listing courtesy of Homezu: .


©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 Murray & Co. 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: 2023-05-30T13:54:31.797.
 
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