200 E Albanus St, Philadelphia, PA 19120

Property Description

200 East Albanus Street, Philadelphia, PA 19120 – Investment Property Great opportunity to add a fully rented, income-producing property to your investment portfolio! Welcome to 200 East Albanus Street in Philadelphia, a property that was rehabbed throughout by the current owner after being purchased in 2023 and offers immediate rental income from day one. The property is currently configured and occupied as three rental units, including a third unit created by the owner in the basement. With all three units currently rented, this property offers an attractive opportunity for an investor seeking an established rental property with tenants already in place. Buyer is responsible for conducting their own due diligence regarding zoning, licensing, permits, the current three-unit configuration, permitted uses, and all applicable City of Philadelphia requirements. Property is being marketed based on its current use and occupancy, with no representation or warranty regarding the legality or approval of the basement unit or triplex use. Additional features include a rear parking space, a valuable convenience in the city. Conveniently located with easy access to public transportation and major travel routes, as well as nearby shopping, dining, and everyday necessities, the property offers accessibility for tenants and owners alike. Fully rented, renovated, and already producing income, 200 East Albanus Street presents an excellent opportunity for an investor looking to expand their Philadelphia real estate portfolio.