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South Philadelphia, 11th Street

Investment Real Estate Opportunity

Opportunity to purchase a recently renovated turn-key triplex in the Bella Vista / Passyunk Square area of South Philadelphia. All units are currently occupied.

ASKING PRICE: $875,000

INQUIRIES: 

1182 S. 11th St.

1182 South 11th Street consists of two 2-bedroom units, each with two full baths and one 1-bedroom unit with one full bath. Each unit has in-unit washer-dryers and central air. The third-floor unit has an outdoor deck. All units are separately metered. All units are currently occupied at the following rents: $2,000 / $2,000 / $1,700 for a total rent roll of $5,700.

1182 S. 11th St Unit 1_edited.jpg

Details

TOTAL UNITS:     3

GROSS RENT ROLL: $5,700

TAXES: $5,089

SEPARATELY METERED:   Yes

UNIT 1: First Floor

RENT: $2,000

LEASE EXP: June 2025

BEDROOMS: 2

BATHS: 2

CENTRAL AIR: Yes

WASHER-DRYER: In Unit

OUTDOOR SPACE: No

UNIT 2: Second Floor

RENT: $2,000

LEASE EXP: June 2025

BEDROOMS: 2

BATHS: 2

CENTRAL AIR: Yes

WASHER-DRYER: In-Unit

OUTDOOR SPACE: No

UNIT 3: Third Floor

RENT: $1,700

LEASE EXP: June 2026

BEDROOMS: 1

BATHS: 1

CENTRAL AIR: Yes

WASHER-DRYER: In Unit

OUTDOOR SPACE: Yes (Deck)

Unit 1

Unit 2

Unit 3

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