Welcome to 2017 Fitzwater St - a fantastic income-generating duplex in the heart of Graduate Hospital. This fully occupied property produces over $45,000 a year and is the perfect addition to any investor's portfolio. The first floor 1 bed/1 bath unit was recently renovated and is rented ($1700 monthly) and managed by a professional management company. It features an updated kitchen with four-piece stainless steel appliances, as well as counter seating. In addition, the unit has access to a long, dry basement that has potential to be finished, as well as a quiet, private backyard. The unit is used as a short term rental and is featured as a popular listing on Airbnb as well as other sites. Continuing upstairs, the property features an occupied ($2200 monthly) bi-level 2 bed/2 bath unit with refinished original hardwood floors, a picturesque kitchen with exposed beams, and terrific lighting throughout. Both bedrooms are spacious and afforded privacy by being on separate floors. The third floor also features a stunning four-piece en-suite bathroom with a soaking tub, oversized walk-in shower, and double sink vanity. With a cap rate of 6.9%, consistent appreciation in one of Philadelphia's most desirable neighborhoods, and instant income generation - don't miss this rare opportunity! All best and final offers due by 12pm Mon Nov 29.
Property Type(s): Multi Family
|Last Updated||11/30/2021||Tract||GRADUATE HOSPITAL|
|School District||THE SCHOOL DISTRICT OF PHILADELPHIA|
|LOT||1307 sq ft|
|LOT DIMENSIONS||16.00 x 83.00|
|STYLE||Interior Row/Townhouse, Other|
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Listing provided by Keller Williams Philadelphia
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Data last updated: 12/6/21 9:24 PM PST
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