4313 Waln Street

Philadelphia PA 19124

1550 sq. ft.

1339 sq. ft.

Townhouse

Currently for sale - view listing

Overview

Perfect investment if you are looking in the Kingsessing District of Philadelphia. This is a 4-bed 1-bath with an elevator and a good-standing tenant that has been there for 9 years with a monthly rent of $1150. This property is rented well below market value this property has a huge upside to increase the cap rate. The seller offers that the new buyer assumes the mortgage. Mortgage is at 9% interest simple for 1.5 years with 40% down and is a balloon payment at the end of the period. The Maturity is April 2025. Only interest payment and can prepay no prepayment or make capital contributions. Price is not much negotiable, it's priced right and with free points?financing. Recent sales of renovated homes in the area: 1903 Church Street sold for $1950,000 and 1923 Church Street for $135,000. Please provide proof of funds, as-is sale. Don?t let this opportunity?pass?you?by!

Features

4 bedrooms

1 bathroom

1550 sq. ft. floor area

1339 sq. ft. lot size

Townhouse

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