3539 N MARVINE STREET, Philadelphia, PA 19140

$140,000 Asking Price

6 beds
2 baths
1,282  sqft
Built in 1925

Investment Property with Reliable Income! 6 bed 2 full bath home with a basement, and private backyard. The first floor features a private room and an open concept kitchen, the lower level features two private rooms and a full bath, upstairs there are 3 more bedrooms and the second full bathroom. Located only a 6 minute ride to Temple University. The property is currently leased to a professional property management company that manages over 20 properties. They guarantee a monthly rental income of $1,800 ($21,600 annually) and handle all utilities, maintenance, and repairs, with the landlord covering material costs only, as necessary. The management company also oversees subleasing, offering the owner a dependable, hands-off income stream. Property is being sold in as-is condition and Buyer is responsible for all municipal certifications. This property can also be purchased as part of a 3 property portfolio package including 1221 Wagner Ave, Philadelphia and 5129 N 10th St, Philadelphia which is producing a combined $69,600 annually. The asking price for all 3 properties is $600,000.

Features & Amenities

Interior

General:
Kitchen - Eat-In
Rooms:
Living Room,Dining Room,Primary Bedroom,Bedroom 2,Kitchen,Bedroom 1
Laundry:
None
Basement:
Full
A/C:
None
Heating:
Y, Baseboard - Electric, Electric
Disability Feature:
None

Exterior

General:
Above Grade,Below Grade
Style:
Colonial

Construction

General:
Masonry, 2, Block

Location

Originating MLS:
BRIGHT_MAIN
School District:
THE SCHOOL DISTRICT OF PHILADELPHIA
County:
PHILADELPHIA

Lot

Zoning:
RM1, 432147100
Current Use:
O30

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN
Exclusions:
Tenant's possessions

This listing courtesy of:
Keller Williams Realty - Moorestown, Austin Cennimo

About Philadelphia, PA

Housing

Number of Units
705,993
Median Home Value
$212,331
Median Rent
$993

47.83% of housing units are renter occupied.

9.77% are vacant.

Commute

Car
48.32%
Public Transportation
19.12%
Walk to Work
6.40%
Work from Home
23.29%
Other
1.20%

The median travel time to work is 28 minutes.

People

Population
1,564,304
Median Age
36.10
Median Household Size
2.55

Education

High School
31.51%
Associate’s Degree
5.70%
Bachelor’s Degree
18.90%
Graduate Degree
14.16%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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