1428 S 10th St, Philadelphia, PA 19147

FRESH PRICING!One-of-a-kind location in Passyunk Square. This triplex sits on 10th Street right off Passyunk Avenue, directly across from the Acme and CVS, so groceries and the pharmacy are just a walk across the street.The building offers three one-bedroom, one-bath units, each occupying a full floor. The floor plan is the same throughout: living room in the front, kitchen in the middle, and a large bathroom right off the bedroom in the back. The first-floor unit has a large backyard and uses the basement for storage and laundry.All three units are occupied by long-term tenants. Current rents total $3,425 per month, or $41,100 per year, with no vacancy, for a gross rent multiplier of approximately 10.3 at the new price. Comparable one-bedrooms in small buildings nearby are renting for $1,500 to $1,700 with mid-level updates and $1,900 or more fully renovated, leaving real room to grow the income as leases turn.The neighborhood does a lot of the work here. The East Passyunk Avenue...