My Company's Sold Listings

$400,000
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Philadelphia Area Multi-Family Home

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1422 W Diamond Street Philadelphia, PA 19121

Bed
0 Baths
3247 sqft
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Discover an exceptional investment opportunity with this prime 5-unit corner multi-family building, ideally located just steps from Broad Street and Temple Universities Main Campus. With proven rental income ranging from $4,700 to $5,750 per month, and potential to exceed $6,500 with updates, this property is a standout choice for investors. Currently vacant for easy showings, the building features three stories, five units, and an unfinished basement offering further potential.The property is well-maintained, with three of the five units recently updated and the remaining two upgraded within the past five years. The unfinished basement offers potential for additional expansion or customization. The building benefits from hot water radiator heating, with common water and gas, and each unit has its own electric meter. A single rental license covers all five units.The unit breakdown is as follows: Unit 1 is a 1 bed, 1 bath and was previously rented for $750; Unit 2, also a 1 bed, 1 bath, previously rented for $1,000; Unit 3, a 2 bed, 1 bath, previously rented for $1,000; Unit 4, a studio, previously rented for $900; and Unit 5, a 3 bed, 2 bath, previously rented for $1,800 to $2,000. This rare corner location and the property’s attractive features make it a standout investment opportunity. The buyer needs to do their own due diligence to verify the zoning. Investors can also take advantage of Philadelphia's Housing Choice Voucher Program which will guarantee rents and maintain cashflow. The Housing Choice voucher rents can go for $8,172/month and $98,064 gross rent yearly. See the brochure located in the documents section of the listing.With a Walk Score of 87, daily errands can be completed without a car. The property features a Transit Score of 83, offering excellent transit options for most trips, and a Bike Score of 66, indicating good biking infrastructure.Dining options nearby include Philly Style Pizza and Grill, Master Wok, Playa Bowls, Maxi's Pizza Subs and Bar, and more. Educational institutions in the area are Duckrey Tanner School, Temple University Newman Center, Carver High School, and Philadelphia Military Academy at Elverson.Grocery shopping is convenient with Cecil B Moore's Farmer Market, North Dauphin Grocery Store, The Fresh Grocer, Medina Mini Market, and other local options.The property is just four minutes from the BSL NRG Station, providing quick access to Fern Rock TC via the Susquehanna Dauphin Station - BSL stop. Nearby parks include Fotterall Square, Reyburn Park, and Connie Mack Stadium.With its prime location, attractive features, and favorable zoning, this property is a smart choice for any savvy investor. Act quickly to secure this valuable asset!
Listing Courtesy of BRIGHT IDX / Re/Max @ Home
$291,500
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Alexandria Area Condominium

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1622 W Abingdon Drive 302 Alexandria, VA 22314

1 Bed
1 Baths
610 sqft
Welcome to Potowmack Crossing, nestled in the highly sought-after Old Town North neighborhood, where peaceful living and natural light abound. This top-floor unit, with no one above you, offers a serene retreat with 610 sq. ft. of well-planned living space. Beautiful hardwood floors flow throughout, creating a warm and welcoming atmosphere.The recently renovated kitchen is a chef’s dream, featuring stunning white maple cabinetry, sleek quartz countertops, and brand-new stainless steel appliances that make meal preparation a joy. The updated bathroom boasts a modern walk-in shower, stylish tile work, and contemporary finishes. Plus, with an in-unit washer and dryer and plenty of storage, convenience is key.The community boasts a range of fantastic amenities, including a clubhouse, fitness room, and refreshing swimming pool. Just outside your front door, you'll enjoy the tennis court and dedicated picnic area with grills, tables, benches, and shaded spots under flowering trees. Parking is easy with ample spaces on either side of the building, and residents can register for up to two parking permits.Potowmack Crossing residents enjoy living in a park-like setting surrounded by mature trees with ample green space for outdoor entertaining, while being close to a vibrant array of Old Town's restaurants and shops, and the scenic bike path that runs along the Potomac River. Commuting is easy with close proximity to D.C, National Harbor and Reagan National Airport.Combining the charm of a historic garden-style community with the convenience of modern amenities, this top-floor unit is a true gem. Don’t miss your chance to experience peaceful living and urban convenience in one of Alexandria’s most desirable neighborhoods! Agent is the Owner.
Listing Courtesy of BRIGHT IDX / Ttr Sotheby's International Realty