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$ 599,999
Est. payment | /mo
3,132 SqFt
$ 599,999
Est. payment | /mo
3,132 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,132 sqft
Price per Sqft $191
Lot Size 1,220 Sqft
MLS Listing ID PAPH2607548
Style Other
Total Units 3
Short Sale No
Originating MLS BRIGHT
Property Description
Located in Philadelphia (19133) at 2255 N 12th Street, this fully leased triplex offers a strong and stable cash-flow opportunity for investors. The property generates $4,500 in monthly rental income, totaling $54,000 annually. Annual real estate taxes are approximately $2,082, and annual insurance costs are approximately $3,638, resulting in a Net Operating Income (NOI) of approximately $48,280 per year. Offered at a purchase price of $629,000, the property delivers an approximate 7.7% capitalization rate (Cap Rate), making it an attractive option for investors seeking consistent income and long-term appreciation. Conveniently located with easy access to public transportation, major roadways, and neighborhood amenities, the property benefits from strong rental demand and presents an excellent opportunity for buy-and-hold investors.
Location
State PA
County Philadelphia
Area 19133 (19133)
Zoning CMX2
Interior
Hot Water Electric
Cooling Central A/C
Fireplace N
Heat Source Central
1-purchase type For Sale
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type Off Street
Building
New Construction N
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
Schools
School District Philadelphia City
Others
Tax Amount $2,081
Tax Year 2025
Tax ID 871173340
Ownership Fee Simple
SqFt Source 3132
Special Sale Standard
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Listed by Irina Wynn • Wynn Real Estate LLC
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