Welcome to 4428 Parrish Street in University City. 12% CAP RATE and located In an Qualified Opportunity Zone (QOF), this is a duplex that was completely renovated from studs in 2019 features new electrical, mechanicals, kitchens, baths and central air. Great for an investor. Units are 2 bedrooms 1 bath units currently bringing in about $2600 a month. This is a great value-add for someone who wants to hold long term or for an owner-occupant who wants to house-hack. New construction is located nearby. The building also has a nice-sized fenced in backyard. The building currently generates about $2,590 a month in rent. The first-floor unit was once used as a success short-term rental. Conveniently located near public transportation, major universities, hospitals, and the expanding West Philadelphia corridor, this is an excellent opportunity for investors looking to expand their portfolio in the high-demand Philadelphia market. Property qualifies for PENN's Closing Cost Reduction Program.

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Property Details of 4428 Parrish Street

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Property Details

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Interior Features

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Community

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