1729 N 24TH ST Philadelphia, PA 19121

Introducing 1729 N 24th Street - The Cashflow Building

Discover this meticulously renovated multi-family triplex nestled in the heart of the ever-expanding North Philadelphia, specifically within the Temple University vicinity. Designed for the discerning investor/owner, this property boasts a complete transformation with no compromises. The 5 bed/3 bath layout features a range of brand-new upgrades, including hardwood floors throughout all units, a state-of-the-art HVAC unit, a new water heater, and modern kitchens with an eat-in area, granite countertops, and stainless steel appliances. The bathrooms have been stylishly updated with new fixtures, vanities, and flooring. Additionally, a generously sized private backyard provides an ideal space for entertaining.

Each unit is thoughtfully designed, with the first unit offering 2 bedrooms and a full bath, projected to lease for $1,764. The second unit features one bedroom and one full bathroom, currently leased at $800 can rent for $1,467. The third-floor unit comprises two bedrooms and a full bathroom, a bi-level apartment with a projected lease of $1,764. All units showcase open floor plans, abundant natural light, and spacious rooms.

The basement, with its freshly finished walls and floor, presents a canvas for your creative vision, whether you complete it for additional living space or storage. You can use this opportunity, strategically located just minutes away from Temple University, Drexel University, and Fairmount Park. The surrounding area boasts an array of dining options, placing you in the epicenter of the action.

As you enjoy a remarkable 12.2% return on your investment, take note of the stabilized pro forma analysis for a comprehensive overview of the numbers. Act now and make this investment opportunity yours!