2311 CHRISTIAN STREET

PHILADELPHIA, PA 19146

Outstanding Investment Opportunity with a current cap rate of 7.18 – 5-Unit Apartment Building located in Graduate Hospital. This is a neighborhood where buildings of this size in shell condition go for over $600,00 and you can buy a turnkey investment opportunity for $699,500. This is a building has a stable tenant base with long-term residents, ensuring a consistent and dependable rental income stream, while also offering potential for increased value through higher rents. The current rents are below market, current gross income is $65,340 all tenants pay on time every month like clockwork and all utilities are separated expect cold water . Situated on a desirable Christian Street near restaurants, parks, and public transportation, the property provides exceptional walkability and convenience for tenants. A superb asset for any investment portfolio, this building offers immediate income as well as strong potential for future appreciation. Graduate Hospital neighborhood ratings: • Walk Score: 95 (Walker’s Paradise – daily errands can be accomplished without a car) • Transit Score: 85 (Excellent Transit – public transportation is convenient for most trips) • Bike Score: 94 (Biker’s Paradise – daily errands can be easily completed on a bike) These impressive scores make the area highly attractive to both renters and investors

Listing courtesy of Best City Homes Inc



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.