59 N 59TH Street

Description

59 N. 59th Street presents an excellent investment opportunity for savvy investors looking to add a cash flowing multi-unit property to their portfolio. This tenant occupied triplex is being sold “as is” with long standing tenants already in place on month-to-month leases, providing immediate rental income from day one.The property features three well-sized units including two 1-bedroom apartments and one spacious 2 bedroom unit. This property is currently operating as a triplex but is not recognized as a legal triplex. Buyers are responsible for conducting their own due diligence regarding zoning and licensing. The city board is aware the building is fully occupied and has operated as a triplex for several years, including prior to current ownership.Conveniently located near shopping, schools, parks, and major commuter routes, this property is just 15 minutes from Philadelphia Zoo and Fairmount Park, and only a 5-minute walk to Market Street. With easy access to public transportation, Center City is approximately a 15-minute commute. Schedule your tour today — all showings require a minimum of 48 hours notice, and the listing agent must be present for all appointments.