Off-Market Property at 2511 S 10th St, Philadelphia, PA 19148

2511 S 10th St, Philadelphia, PA 19148

$269,900

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $174 per day and long-term for an average of $2,075 per month, based on similar listings in the area. Estimated short-term cap rate of 3.3%. Estimated long-term cap rate of 1.3%. Spacious 3 br 1.5 ba in South Philly lower Moyamensing area. When you walk in on the 1st floor, there is a living room, dining area, there is also a bonus room beyond the kitchen with a wet bar. Perfect for kids' play- room or entertaining. This bonus room also leads to the backyard for outdoor space. The 2nd floor features 3 nice size bedrooms and a bathroom in the hallway. There is a half bathroom and the laundry in the basement. Long term tenant occupied. Please allow 24 hours notice. Showing is restricted for 4-5pm during the weekdays for now.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$4109
Bedrooms
3
Bathrooms
2
SQFT
1,126
Furnished
N/A
Year built
1925
Listing Status
Off Market
MLS
PAPH2344646

Short-term Rental Potential
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$30,360

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$239

Price/SQFT

Long-term Rental Potential
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$24,900

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,075/mo

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