Laurel Windsor
REALTOR®, Accredited Buyer's Representative, Certified New Home Sales Professional
(717) 514-6002
SQUARE FEET1,116
MLS#PAPH2665064
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMORRELL PARK
SCHOOLPHILADELPHIA CITY
Property Description
Now offering 3281 Red Lion Road: a duplex w/ a unit mix of two (2) 2bd/1ba units, w/ Unit 1 currently occupied by a long-term tenant paying $1,550/month (their lease ends in February) and Unit 2, which has just been leased for $1,700/month on a 12 month term (started 9/27/26). Unit 2 features in-unit washer and dryer, and a private outdoor balcony. Fully rehabbed just a year ago and move-in ready, the apartment boasts a stylish kitchen with granite countertops, brand-new stainless steel appliances, and white shaker cabinets. Enjoy all-new luxury vinyl plank flooring, recessed LED lighting, and two evenly sized bedrooms. Unit 1 is cosmetically outdated, relative to Unit 2, but is in great shape, has private backyard access. Right out front, there are two (2) dedicated parking spots- one for each unit. Using "back of the napkin" underwriting, if you conservatively set aside 25% of your gross income to cover expenses, this building is operating at a 6.5% cap rate. Schedule your tour today!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central A/C
Fuel Type: Electric
Heating: Central
Home Style: Unit/Flat
Lot Size: 0.06 Acres
Taxes: $5,452
Year Built: 1974
Feature Descriptions
Accessibility: 2+ Access Exits
Additional Structures: Above Grade, Below Grade
Exterior: Masonry
Lot Dimensions: 0.06 Acre(S)
Municipality: PHILADELPHIA
Parking Notes: Paved Parking
Sewer: Public Sewer
Structure Type: Interior Row/Townhouse
Total Garage/Parking Spaces: 2
Two Bedroom Units: 2
Units: 2
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: Keller Williams Main Line
Agency Phone: 6105200100
Shown By
Agent Name: Laurel Windsor
Agent Phone: (717) 514-6002
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 1,587.09 per month $1,001.50 Principal & Interest $454.33 Property Tax $131.25 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
3281 Red Lion Road | MLS# PAPH2665064
This multi-family property located at 3281 Red Lion Road, Philadelphia, PA 19114 is currently listed for sale with an asking price of $450,000. Red Lion Road is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.laurelwindsorhomes.com today.