1607 HARRISON ST Philadelphia, PA 19124

(Price Reduced!) Quadplex in Opportunity Zone! Fantastic location, high double-digits cap rate ideal for long-term cashflow investors. Potential gross rental income over $30,000 annually. Steps from Jefferson-Frankford Hospital and a few blocks walk to Frankford Terminal for both buses and trains (subway) leading straight to Center City Philadelphia makes it a great location and convenience for tenants. Proven great demand from prospective tenants. Taxes and insurance are low. Rental locks installed in every unit. Square footage taken from Zillow. Sold "AS IS". Photos taken in 2017 after major renovation. Units in good condition and vacant so it's easy to show and new owner can start anew with his or her desired rental strategy. Priced with known issues reduced to sell well below market. Will consider all serious offers. Cash offers are preferred. Investment Highlights: Units may be rented for at least $2,500/month (3x$600 + 1x$700) from previous experience. Taxes: $1,389 (annual) Insurance: $1,148 (annual) Refuse fee: $150 (annual) License: $300 (annual) Numbers based on previous but recent experience. Units are delivered vacant so new owner can freely implement his or her own strategy and screening criteria with new tenants. High demand location due to convenience rents quickly.