Brian Farrington &
Listings for Good
Questions? Please feel free to contact me!
(215) 768-9651 Cell
4258 Salmon Street
PHILADELPHIA, PA. 19137
Three bedroom corner row in the Heart of Bridesburg! This is one of the most affordable houses located on a quiet street in one of the most stable neighborhoods you can find in the city! Close to major roads, NJ, and public transportation into downtown is a breeze. Walk in the front door to large living which is followed by dinning room and kitchen with oak cabinets. In the rear of kitchen is laundry room (no more walking all the way to the basement to do your wash!) followed by exit to small rear patio. Upstairs is 3 good sized bedrooms with ample closet space and 1 full bath. Large basement is perfect for storage, family room, or both. This house is the best value for your family and in the best area for the money.
House was recently rented for $825 a month, however the tenant was in the property for almost seven years so the rent was lower than what it would currently bring in. 3 bedrooms rent for $900 - $1,100 and with minimal updates could bring in about $950 a month. With a reasonable sale price you are looking at a CAP rate of over 8%.
Owner is going to be doing updates prior to being listed on the MLS for $139,900 and for the right price will let it go now for a discount. Make an appointment to see it before its too late.
Full - Unfinished