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Updated about 10 years ago on . Most recent reply

Turn-key Duplex Philadelphia 14.7% ROI cash on cash
PASSIVE INVESTMENT OPPORTUNITY IN PHILADELPHIA
Arch St. (19139)
1 Bed, 1 Bath (each unit)
We renovate and manage for you!
Property:$45,000
Rehab: $36,575 (cost guaranteed)
Total Investment: $82,175
Rental Income $1,250
Expenses:
Property Management $125
Property Taxes $50
Insurance $65
NET INCOME $1,010/month (14.7% cash on cash)
Hands-off.Total renovation(boiler, plumbing, electrical system, drywall...). Roof 15 years warranty.
1st year no maintenance costs and rent guaranteed.
We renovate more than 20 properties/month and manage 400+
MORE INFOwww.PhillyIncomeProperties.com
DISCOUNT CODE 5% discount over the price PIP3
Picture before renovation
Most Popular Reply

Did you install a sprinkler system? If not, how did you pull permits for a total renovation of a multi-family dwelling in Philadelphia without being required to install a sprinkler system to comply with the current code? This is a problem that I've run into with my own renovations in Philly so I'm curious how you handle it.