Rental Details
Address:
260 Queen Ln

Philadelphia, PA 19144, Philadelphia
  • Bedrooms: 4.0
  • Bathrooms: 2.0
  • Price: $151,500.00
  • Deposit: $0000
  • Lease: 0000
  • Pets: Yes
  • Occupied: no
  • Occupied By: Un-Occupied
Contact Information
  • Name: Lyle Sells
  • Phone: 610-202-6856
  • Email: lylesell@gmail.com

Listing Type: For sale

Property Description:

260 Queen Ln Philadelphia, PA 19144 Current Rent Roll: 1st Fl- 1 bdr unit: $595 2nd Fl- 4 bdr unit: $875 Commercial coin operated washer / dryer in basement ($60/month average ) Annual Tax: $1,259 Total: $1,520 Gross income per month Purchase Price: $151,500 obo Takes It Today!!!! Purchased in 2008 Initial renovations $60,000 Separate utilities - Gas Crown heaters Separate gas water heaters 2 Current Leases Both tenants pay rents on time Legally zoned duplex Licensed Rear yard Front porch 4 bdr double story unit ( 2nd and 3rd floor ) and 1 bdr ( first floor ) 15 year rubberized roofs in 2010 Crown heaters with new pipe work in 2008 ($6500) FACADE painted with expensive waterproofing paint -2 coats ($2300) All laminate flooring ( no carpets ) ( $4000) Repairs Made Work in last 12 months in preparation for 2 new tenants: -New porch shingles roof 3 months ago -new gas pipe manifold ($1200) -new iron cast front railing ($500) -long list of exterior and interior repairs and cosmetics ($12,000) -new floors in unit 2-kitchen and dining room ($1500) -new light fixtures in many places -replacement stove unit 2 ($300) -carbon monoxide detectors throughout ($250) -many new switches and outlets throughout the property ($400) - new front storm door and new mail boxes