SQUARE FEET2,160
MLS#PAPH2601786
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONJUNIATA
SCHOOLPHILADELPHIA CITY
Property Description
Turnkey Investment with Immediate Cash Flow! Positioned along a high-visibility corridor in Philadelphia, 1201 E Lycoming St presents a compelling income-producing opportunity with a strong unit mix and immediate revenue in place. This four-unit property includes three residential units and one street level store-front unit, creating multiple income streams within a single asset. The residential component consists of one 1-bedroom unit, one studio-style 1-bedroom unit, and one 2-bedroom unit. The street-level unit benefits from strong visibility and direct access, offering flexibility for a variety of permitted uses subject to buyer verification. The property generates in-place income with the street-level storefront and studio leased together for $1,135 per month, while the 2-bedroom residential unit is leased at $725 per month. The 1-bedroom residential unit is currently vacant, with a projected market rent of approximately $725 per month. For investors seeking an income-producing asset with existing cash flow and room for future value enhancement, this property represents a strong addition to a Philadelphia investment portfolio!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Cooling: Ceiling Fan(s)
Fuel Type: Electric
Heating: Baseboard - Electric
Home Style: Traditional
Lot Size: 0.03 Acres
Taxes: $1,507
Year Built: 1925
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Exterior: Masonry, Brick
Lot Dimensions: 0.03 Acre(S)
Municipality: PHILADELPHIA
One Bedroom Units: 2
Sewer: Public Sewer
Structure Type: End of Row/Townhouse
Two Bedroom Units: 1
Units: 4
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: EXP Realty, LLC
Agency Phone: 8883977352
Shown By
Agent Name: Karen Risser
Agent Phone: (717) 673-9319
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 880.50 per month $667.45 Principal & Interest $125.58 Property Tax $87.47 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
1201 E Lycoming Street | MLS# PAPH2601786
This multi-family property located at 1201 E Lycoming Street , Philadelphia, PA 19124 is currently listed for sale with an asking price of $299,900. E Lycoming Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.karenrisserrealtor.com today.