SQUARE FEET3,132
MLS#PAPH2607548
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLPHILADELPHIA CITY
Property Description
Located in Philadelphia (19133) at 2255 N 12th Street, this fully leased triplex offers a strong and stable cash-flow opportunity for investors. The property generates $4,500 in monthly rental income, totaling $54,000 annually. Annual real estate taxes are approximately $2,082, and annual insurance costs are approximately $3,638, resulting in a Net Operating Income (NOI) of approximately $48,280 per year. Offered at a purchase price of $629,000, the property delivers an approximate 7.7% capitalization rate (Cap Rate), making it an attractive option for investors seeking consistent income and long-term appreciation. Conveniently located with easy access to public transportation, major roadways, and neighborhood amenities, the property benefits from strong rental demand and presents an excellent opportunity for buy-and-hold investors.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central A/C
Fuel Type: Central
Heating: 90% Forced Air
Lot Size: 0.03 Acres
Taxes: $2,081
Year Built: 2015
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Exterior: Masonry
Lot Dimensions: 0.03 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Structure Type: Other
Three Bedroom Units: 3
Units: 3
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: Wynn Real Estate LLC
Agency Phone: 2159381777
Shown By
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535
First AmericanEstimate Your Payment
Estimated Payment
$ 1,683.76 per month $1,335.34 Principal & Interest $173.42 Property Tax $175.00 Homeowner's Insurance
2255 N 12th Street | MLS# PAPH2607548
This multi-family property located at 2255 N 12th Street, Philadelphia, PA 19133 is currently listed for sale with an asking price of $599,999. N 12th Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.homesale.com today.