Fabulous and rare INVESTMENT OPPORTUNITY with this 7 unit apt. building with 4 parking spots in the heart of Manayunk. The property consists of a mix of small, medium, and large 1 bedroom apartments and one 2 bedroom apartment. Fully rented, and expertly managed for many years, this property is a TURN-KEY operation! Most leases are annual, just a few exceptions for shorter terms where it works out to the benefit of the landlord. All units are updated and well maintained, utilities are separated and paid by tenants, including heat, electricity, air conditioning, and hot water. The only utilities paid by Landlord is water (approx. $125-175 per month), common area electricity (approx. $30-40 per month), and an annual trash collection fee ($300/yr). Free laundry facility (2 washers and 2 dryers) is located in the basement. Practically no vacancies ever, as apartments rent quickly and to well qualified tenants. This is currently a no-pet building. A similar property is also listed at 150 Sumac St, for details see MLS#: PAPH862888 .
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