1418 N 52ND ST

Welcome to 1418 North 52nd Street perfect for an investor portfolio on a main corridor. This is an income producing legal triplex that was renovated about 5 years ago and has new mechanicals, plumbing, central air, kitchens and baths. The property consists of a studio unit, a one-bedroom unit, and a two-bedroom . All units are rented and with great future potential for increased rents. 14% CAP rate. and it is located on the very busy 52nd Street business corridor for great long-term appreciation. All of the units are below market rent. The property is currently generating $3125 a month. Close to public transportation, street parking, and shopping. This property qualifies for Penn's Closing Cost Reduction Program.