2255 N 12TH ST Philadelphia, PA 19133
3,132 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,132 sqft
Price per Sqft $200
MLS Listing ID PAPH2557592
Style Other
Abv Grd Liv Area 3,132
Year Built 2015
Annual Tax Amount $2,081
Tax Year 2025
Lot Size 1,220 Sqft
Acres 0.03
Lot Dimensions 17.00 x 71.00
Property Sub-Type Triplex
Source BRIGHT
Property Description
The property generates $4,500 in monthly rental income, totaling $54,000 annually. Annual real estate taxes are approximately $2,082, and annual insurance costs are approximately $3,638, resulting in a Net Operating Income (NOI) of approximately $48,280 per year.
Offered at a purchase price of $629,000, the property delivers an approximate 7.7% capitalization rate (Cap Rate), making it an attractive option for investors seeking consistent income and long-term appreciation.
Conveniently located with easy access to public transportation, major roadways, and neighborhood amenities, the property benefits from strong rental demand and presents an excellent opportunity for buy-and-hold investors.
Location
State PA
County Philadelphia
Area 19133 (19133)
Zoning CMX2
Interior
Hot Water Electric
Cooling Central A/C
Fireplace N
Heat Source Central
Exterior
Water Access N
Accessibility None
Garage N
Building
Above Ground Finished SqFt 3132
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871173340
Ownership Fee Simple
SqFt Source 3132
Special Listing Condition Standard
