Package deal for 3601 and 3603 Melon Street. These properties are located in the heart of the Mantua Section of West Philadelphia. Located within walking distance to multiple universities, parks, public transportation and easy access to major highways. This turn key income producing property is a no-brainer if you are looking to start or add to your investment portfolio. Both properties were fully renovated several years ago and are under a 10 year tax abatement. Strong rental history and low to no monthly operating expenses. 3601 and 3603 Melon are almost mirror images of each other. Each building has two(2) units. The first floor is a two bedroom, one bathroom with rear yard and basement access. The upper unit is also a two bedroom, one bathroom with a deck off the rear bedroom. Total rental income is just under $40,000. The building is tenant occupied and does require at least 48 hours notice.
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Listing Courtesy ofStar Real Estate Group