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Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $250 per day and long-term for an average of $2,038 per month, based on similar listings in the area. Estimated short-term cap rate of 0.6%. Estimated long-term cap rate of -1.7%. The property is situated in a quiet neighborhood in the heart of Philly Sports with a short walk to the stadiums and FDR Park. Parking is a breeze with a private driveway located in the rear of the property. Along with an attached garage. The interior of the house is a mix of contemporary living mixed with old-school South Philly charm. A semi-open concept living/dining area with parquet flooring that leads to an updated kitchen with black quartz countertops, LG stainless steel appliances and white cabinetry with soft close hinges. Upstairs you’ll find 3 bedrooms and a spacious updated custom bathroom with a high ceiling, skylight and a 24” rainfall shower head. Hardwood flooring throughout completes the 2nd floor. The basement is finished with a powder room, washer, dryer and inside access to the garage. The property is convenient I-76, I-95, the Broad St. subway and the Walt Whitman Bridge. The neighborhood is part of the Stadium Complex Special Services District. Which helps clean and maintain the neighborhood at no charge to the residents.
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $4647 |
Bedrooms | 3 |
Bathrooms | 2 |
SQFT | 1,168 |
Furnished | unknown |
Year built | 1925 |
Listing Status | Off Market |
MLS | PAPH2329206 |