$345,000 Price Analysis 6034 N Broad StPhiladelphia, PA 19141 4 bed None bath 2,214 SqFt ($155/SqFt) 1,960SqFt lot. Built 1905 Listed 2024-04-17, Taxes $2,725 | ✓ USDA Eligible near Philadelphia, PA Restrictions may apply due to home size |
Situated on the bustling N Broad St, this property offers an ideal location for investors seeking high visibility. Philadelphia's strong rental market and growing population contribute to low vacancy rates, minimizing the risk of prolonged periods without tenants. Investors can enjoy peace of mind knowing their investment property is already producing a cap rate at an impressive 8.3%. With two separate units a nd separate utilities (electric, heat, cooking, hot water), this property provides the advantage of dual income streams, maximizing your investment returns. Also, tenants pay for water as well as lawn care and snow removal. Whether you choose to rent out both units or occupy one while leasing the other, you'll benefit from consistent cash flow. Excellent rental income will provide a competitive projected ROI!
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Presented by Mick Fiteni at
Keller Williams Main Line Realty.
Property MLS #PAPH2343906 from BrightMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2023 | $155,760 + $38,940 $194,700 | $2,725 |
2022 | $103,020 + $18,180 $121,200 | $1,696 |
2021 | $103,020 + $18,180 $121,200 | $1,696 |
2020 | $103,020 + $18,180 $121,200 | $1,696 |
2019 | $101,660 + $17,940 $119,600 | $1,674 |
2018 | $117,300 + $20,700 $138,000 | $1,931 |
2017 | $117,300 + $20,700 $138,000 | $1,931 |
2016 | $124,704 + $13,296 $138,000 | $1,931 |
2015 | $122,804 + $13,296 $136,100 | $1,823 |
2014 | $122,804 + $13,296 $136,100 | $1,823 |
2013 | $10,054 + $4,954 $15,008 | $1,466 |
2012 | $10,054 + $4,954 $15,008 | $1,415 |
2011 | $10,054 + $4,954 $15,008 | $1,363 |
2010 | $10,054 + $4,954 $15,008 | $1,240 |
2009 | $10,054 + $4,954 $15,008 | $1,240 |
2009 | $10,054 + $4,954 $15,008 | $1,240 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.