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Updated over 4 years ago,
Cash Flowing Machine in Southwest Philadelphia
Investment Info:
Single-family residence buy & hold investment in Philadelphia.
Purchase price: $50,000
Cash invested: $28,000
Sale price: $120,000
This 3 bed 1 bath property is a cashflowing machine. Just needed a basic cosmetic rehab and low-end finishes to get $1,150/month. There was nothing active in this price range in this condition within .25 miles. About 900 sqft, zoned RM1.