For Sale

Listed by Brian Quigley and Melinda Haggerty from Keller Williams Real Estate-Blue Bell

Source: Bright MLS #PAPH2293848

515 Burnham Road, Philadelphia, PA, 19119

$750,000

3
2760 sq. ft.
2428 sq. ft.

Duplex

30+ days on the market

What's around 515 Burnham Road

About this property

This is an incredible investment opportunity! Newly renovated and meticulously cared for triplex on a quiet street in beautiful West Mt Airy. This investment property has a history of long-term tenants and annual rent increases built into the leases. This triplex boasts a current cap rate of 6% with future growth! Sellers have done all the work for you including but not limited to newer windows, individual heating systems, electric, and 4 water heaters. Coin-operated laundry in the basement. Updated baths, kitchens, refinished hardwood floors, custom built-ins, and neutral paint. One unique feature of this property is the wrap-around driveway (no longer used for parking) which makes a great outdoor space for the tenants. Sellers have kept impeccable records and reports, and full leases are available upon request. BONUS- The adjoining twin (517) is the mirror image and is also available for sale at $750,000.00. Purchase BOTH and own 6 UNITS UNDER ONE ROOF! Much more information is available in the seller's disclosure and supporting documents. This property is just minutes to Lincoln Drive and a 15-20 minute drive to Center City, 5 minutes to Chestnut Hill, and 5-10 minutes to Manayunk. Walk to the Wissahickon trails and the Upsal Train Station (Chestnut Hill West line). Walk or bike to Weavers Way. Don't hesitate and miss out on this amazing opportunity!

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