2356 N CLEVELAND ST, Philadelphia, PA 19132
2356 N CLEVELAND ST, Philadelphia, PA 19132
2356 N CLEVELAND ST, Philadelphia, PA 19132
2356 N CLEVELAND ST, Philadelphia, PA 19132
2356 N CLEVELAND ST, Philadelphia, PA 19132
2356 N CLEVELAND ST, Philadelphia, PA 19132
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Listed by Gazi Ataseven • HomeSmart Realty Advisors
$ 192,000
Est. payment | /mo

3 Beds

1 Bath

1,120 SqFt


Save
$ 192,000
Est. payment | /mo
Save

3 Beds

1 Bath

1,120 SqFt

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,120 sqft

Price per Sqft $171

Subdivision None Available

MLS Listing ID PAPH2628006

Style Other

Bedrooms 3

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 1,120

Year Built 1915

Annual Tax Amount $774

Tax Year 2025

Lot Size 666 Sqft

Acres 0.02

Lot Dimensions 14.00 x 47.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

WELCOME TO THIS FULLY OCCUPIED, STABILIZED INVESTMENT PROPERTY AT 2356 N CLEVELAND ST!
THIS TURNKEY INVESTMENT PROPERTY IS CURRENTLY GENERATING $1,850 PER MONTH IN RENTAL INCOME AND IS OCCUPIED BY A TENANT WITH A LEASE EXTENDING THROUGH 2028, PROVIDING LONG-TERM STABILITY AND IMMEDIATE CASH FLOW FOR INVESTORS.
THE PROPERTY FEATURES 3 SPACIOUS BEDROOMS AND 1 FULL BATHROOM AND IS LOCATED IN A GROWING PHILADELPHIA NEIGHBORHOOD WITH STRONG RENTAL DEMAND AND EXCELLENT POTENTIAL FOR FUTURE APPRECIATION.
WITH A PROJECTED 10% CAP RATE, THIS PROPERTY OFFERS ATTRACTIVE RETURNS AND MAKES AN EXCELLENT ADDITION TO ANY INVESTMENT PORTFOLIO. WHETHER YOU ARE LOOKING TO EXPAND YOUR EXISTING HOLDINGS OR ACQUIRE YOUR FIRST INVESTMENT PROPERTY, THIS ASSET PROVIDES RELIABLE INCOME AND STRONG LONG-TERM VALUE.
ADDITIONAL INVESTMENT INVENTORY IS AVAILABLE FOR PORTFOLIO OR BUNDLE PURCHASE. FINANCIALS, LEASE INFORMATION, AND SUPPORTING DOCUMENTATION WILL BE PROVIDED TO QUALIFIED BUYERS UPON SERIOUS REQUEST.
DON'T MISS THIS OPPORTUNITY TO ACQUIRE A FULLY STABILIZED, CASH-FLOWING INVESTMENT PROPERTY IN ONE OF PHILADELPHIA'S MOST ACTIVE RENTAL MARKETS WITH AN ATTRACTIVE 10% CAP RATE AND A LEASE SECURED THROUGH 2028!

Location

State PA

County Philadelphia

Area 19132 (19132)

Zoning RSA5

Rooms

Basement Unfinished

Interior

Hot Water 60+ Gallon Tank

Heating Baseboard - Electric

Cooling None

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 2

Foundation Brick/Mortar

Above Ground Finished SqFt 1120

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Senior Community No

Tax ID 162035200

Ownership Fee Simple

SqFt Source 1120

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

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Beckie Barton

Director of Growth and Operations

+1(302) 588-7812 | beckie@vrarealty.com

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2356 N CLEVELAND ST

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