711 N Brooklyn St

Haverford North, Philadelphia, PA 19104

**Stunning NEW CONSTRUCTION Multi-Family Investment Opportunity at 711 Brooklyn St, Philadelphia, PA 19104** Seize the chance to own this exceptional income-generating property located in the heart of Philadelphia. This well-maintained, fully occupied building offers a prime investment opportunity with solid returns and minimal hassle. **Property Highlights:** - **Address:** 711 Brooklyn St, Philadelphia, PA 19104 - **Total Monthly Income:** $5,664 - **Unit 1: A Bi-Level 3 Bedrooms, 3 full bathrooms and a back Yard $2,136 - **Unit 2: A 2 bedrooms and 2 full bathrooms $1,764 - **Unit 3: A 2 bedrroms, 2 full bathrooms and a roof top Deck $1,764 - **Annual Income:** $67,968 - **Cap Rate:** 6.8% - **Asking Price:** $899,000 ** Tenant Information:** - **Stable Tenancies:** All leases are Section 8, locked in for 2 years, eliminating the annual hassle of finding new tenants. - **Thorough Screening:** All tenants have passed comprehensive credit, criminal, and eviction checks, ensuring a reliable and responsible tenancy. - **Tenant-Paid Utilities:** Tenants are responsible for all utilities except water, minimizing your expenses. **Financial Overview:** - **Total Expenses:** Approximately 10% of total income, translating to $6,796.80 annually. - **Net Operating Income:** $61,171.20 **Why Invest in 711 Brooklyn St:** - **Guaranteed Income:** With Section 8 leases in place, enjoy a steady income stream without the worry of tenant turnover. - **Low Maintenance:** The building is in excellent condition, and tenants cover most utilities, reducing your management responsibilities. - **Prime Location:** Situated in a desirable area of Philadelphia, this property is attractive to tenants, ensuring high occupancy rates. This property is a rare find in todays market, offering both stability and profitability. Dont miss your chance to add this gem to your investment portfolio. Contact us today to schedule a viewing and discover all that 711 Brooklyn St has to offer!