Take note of this massive value-add potential at 6332 Elmwood Avenue, a substantial three-story multi-family shell primed to become the crown jewel of your portfolio. Boasting over 4,000 sq. ft. of raw potential, this property is currently framed for (4) spacious two-bedroom, one-bathroom apartments on the upper levels. The expansive main level offers a blank canvas, suited for conversion into a high-end fifth unit to maximize your bottom line. With the upper units alone projecting a monthly rental income of $4,200 ($1,050 per unit), finishing the main floor provides a clear path to pushing your total monthly revenue past the $5,500 mark. The framing is set and the units are separated—all that’s missing is your vision. Inquire today!
Listed By
Agency Name: Trustart Realty
Agency Phone: 2679291500
Shown By
Agent Name: The Jane Ginter Group
Agent Phone: Cell: (717) 880-2693
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Estimated Payment
$ 1,010.00 per month $656.54 Principal & Interest $267.42 Property Tax $86.04 Homeowner's Insurance
6332 Elmwood Avenue | MLS# PAPH2618386
This multi-family property located at 6332 Elmwood Avenue, Philadelphia, PA 19142 is currently listed for sale with an asking price of $295,000. Elmwood Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.gintergroup.com today.