359 Lyceum is a light VALUE-ADD QUADPLEX (4 units) apartment building located in Roxborough — a thriving submarket in NWPHL (Northwest Philadelphia) experiencing surging rental demand for its bucolic nature, access to amenities and parks, and connectivity to Philly's urban core. 359 Lyceum is comprised of two (2) 1bd x 1ba apartments, one (1) 2bd x 1ba apartment and one (1) 2bd x 2ba apartment in a handsome 3-storey, ±4670 SF structure with PRIVATE DRIVEWAY for 1:1 tenant parking and AND a private 1bd x 1ba BONUS BUNGALOW UNIT. Invest in a Top-10 USA MSA with this 8% CAP MULTIFAMILY real estate acquisition from How Properties, one of Philly's leading full-service real estate firms. Tangible financial upside exists via rent growth and OPEX minimization. Enquire within for financials. The bonus bungalow unit will not qualify for financing; deal must be structured as 4-unit acquisition.
Listed By
Agency Name: Keller Williams Liberty Place
Agency Phone: 6093995454
Shown By
Agent Name: Elaine Bush
Agent Phone: (717) 858-5972
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Estimated Payment
$ 3,198.02 per month $2,047.52 Principal & Interest $882.17 Property Tax $268.33 Homeowner's Insurance
359 Lyceum Avenue | MLS# PAPH2518572
This multi-family property located at 359 Lyceum Avenue, Philadelphia, PA 19128 is currently listed for sale with an asking price of $920,000. Lyceum Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.elaineshomesale.com today.