Description
Introducing 2255 n delhi st, a newly constructed property in philadelphia's 19133 zip code with a 10 year tax abatement! this triplex boasts 2 2-bedroom units and 1 spacious 3-bedroom unit, each featuring modern amenities like washers and dryers, dishwashers, and garbage disposals. the units also showcase large marble countertops, offering tenants a touch of luxury.
with a current rent of $5,189, there is room to increase to a market rent of $5,600, making this an attractive investment opportunity. the property provides consistent income, with tenants already in place, offering ease of ownership. valued at $775,000, the property offers a cap rate of 6.63% and an annual net income of $51,372.
located near temple university, 2255 n delhi st benefits from the university's vibrant environment, attracting students and faculty as potential tenants. this thriving neighborhood presents an excellent investment opportunity for those looking to capitalize on the university's influence and the area's growth potential.
unit 1: $1680 exp 12/31/2026 (section 8 100% guaranteed by gov) (market rent $2100)
unit 2: $1700 projected rent (section 8 process has started)
unit 3: $1800 exp 1/31/2026 (phmc lease 100% guaranteed by gov)
Property Type
Multi-FamilyCounty
PHILADELPHIAStyle
AirLiteAD ID
49607858
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Property Appliances: Built-In Microwave,Built-In Range,Cooktop,Dishwasher,Dryer,Disposal,Dryer - Electric,Energy Efficient Appliances,Freezer,Refrigerator,Stainless Steel Appliances
Heating & Cooling
- Cooling: Central A/C
- Heating: Central
- Cooling Fuel: Electric
- Heating Fuel: Electric
-
Exterior Features
Building Information
- Year Built: 2024
- Structure: Twin/Semi-Detached
- Major Appliances: Built-In Microwave,Built-In Range,Cooktop,Dishwasher,Dryer,Disposal,Dryer - Electric,Energy Efficient Appliances,Freezer,Refrigerator,Stainless Steel Appliances
- New Construction: No
- Total Units: 3
- Built: 2024
- Construction Material: Brick Front
- Foundation/Basement: Concrete Perimeter
- Architecture: AirLite
- Pool/Private: No Pool
Exterior Features
- Utilities: Electric Available
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 1,376
- Dimensions: 16.00 x 86.00
- Lot Size (Acres): 0.03
- Architectural Style: AirLite
- Main Square Feet: 1,376
Property Information
- SQ ft: 3,500
- SQ ft (Living Area): 3,500
- Total Lot SQ ft: 1,376
- Appx. Lot Dimensions: 16.00 x 86.00
- Total Acreage: 0.03
- New Construction: No
- Type: AirLite
-
Listing Information
Listing Information
- Possession: Negotiable
- Days Of Market: 4
-
Taxes / Assessments
Tax Information
- Annual Tax: $782
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Negotiable
Assessment Information
- Taxes Assessment Amount: $55,900
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: On Street
Homeowners Association Information
- Direction: Corner of w Dauphin st and N Delhi St
-
School, Utilities & Location Details
School Information
- School District: PHILADELPHIA CITY
Utility Information
- Electric Available
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Electric
- Hot Water: Electric
Location Information
- Direction: Corner of w Dauphin st and N Delhi St
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BuyOwner last updated this listing 05/13/2025 @ 03:40
- MLS: PAPH2478520
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 1,376 sized lot, and 0 parking. are nearby neighborhoods.