PRICE DROP ALERT! Investment Opportunity in Walnut Hill!
Located in the desirable Walnut Hill neighborhood of Philadelphia, this property at 5147 Ranstead Street presents an excellent investment opportunity. Priced at a reduced rate of $110,000.00, this property is zoned RSA-6 and configured as a duplex with each unit featuring 2 bedrooms and 1 bathroom, totaling 1,050 square feet. The units are separately metered, offering convenience and flexibility for tenants. Currently, the top unit is tenant-occupied with a monthly rental income of $800 under a month-to-month verbal lease, while the bottom unit is vacant and ready for occupancy or rental. The average rent for a 2-bedroom unit in this area is $1,200/month, indicating significant rental potential. This property is being sold AS-IS, and the title will be cleared at closing with transfer taxes split. Interested buyers are encouraged to submit offers before the walkthrough. For more information or to schedule a viewing, please contact Ashley at 267-209-6717. Don’t miss out on this opportunity to invest in a prime location with promising rental income potential. Photos and a video tour of the property can be viewed at this link, https://drive.google.com/drive/folders/1Izt8wxeJniolR5SF-ZLKddX84OKhM0Mn.