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3828-30 Lancaster Ave.

Price: $825,000

Interior Sq. Ft.:
4,278 / Assessor
Style: Quadraplex
Type: Row/Town/Clu
For Sale By: Agent/Broker

Property Description

  • Newly renovated 4-bedroom and 2 1/2-bath, with open floor plan and yard.
  • One block from the Temple Athletic Field.
  • Fully occupied quadplex with two first floor storefront, 2 bedroom units, and two upstairs 4 bedroom units. With strong rental history.
  • First floor units are rented for 1,100 and 1,200; both upstairs units are rented for 1,500 and could definitely be increased.
  • Tenant’s pay $15 per person for water and are fully responsible for all other utilities.
  • The property is located in close proximity to Drexel University right in Powelton Village. Property has quick access to: Market-Frankford Line, I-76, I-95, Art Museum Area, UPenn, Philadelphia Zoo, University of Sciences.
  • Building features upgrades throughout; hardwood floors, newer kitchens, central A/C, washer/dryer in all units.
  • This quadplex offers over 63,000 gross rental income with potential to increase rents. Schedule your showing today for this cash
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Unit Information

Unit 1 Unit 2 Unit 3 Unit 4
Bedroom 2 2 4 4
Full Baths 1 1 1 1
Occupied Yes Yes Yes Yes
Rent $1,100 $1,200 $1,500 $1,500
Lease / Exp 8/25/2018 8/25/2018 8/25/2018 8/25/2018

Features

Exterior: Sidewalks, brick exterior
Interior: Cable TV wired, finished wood floors, tile floors, wall to wall carpet, no/unknown accessibility modifications
Parking: No garage, street parking
Utilities: Central air, gas heating, hot air, gas hot water, public water, public sewer
Inclusions: Washer, dryer, and refrigerator in all units

Contact Information

Name: Franklin Investment Realty
Company License: #RB050025C
Phone: (215) 382-7368
Email: leasing@franklininvestmentrealty.com

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