1. Pennsylvania
2. Philadelphia
3. 2255 N DELHI STREET

2255 N DELHI STREET, Philadelphia, PA 19133

• 3,500 sqft

Property Description

Introducing 2255 n Delhi St, a newly constructed property in Philadelphia's 19133 zip code with a 10 year tax abatement! This triplex boasts 2 2-bedroom units and 1 spacious 3-bedroom unit, each featuring modern amenities like washers and dryers, dishwashers, and garbage disposals. The units also showcase large marble countertops, offering tenants a touch of luxury. With a current rent of $5,189, there is room to increase to a market rent of $5,600, making this an attractive investment opportunity. The property provides consistent income, with tenants already in place, offering ease of ownership. Valued at $775,000, the property offers a cap rate of 6.63% and an annual net income of $51,372. Located near Temple University, 2255 n Delhi St benefits from the university's vibrant environment, attracting students and faculty as potential tenants. This thriving neighborhood presents an excellent investment opportunity for those looking to capitalize on the university's influence and the area's growth potential. Unit 1: $1680 exp 12/31/2026 (Section 8 100% guaranteed by GOV) (market rent $2100) Unit 2: $1700 projected rent (Section 8 process has started) Unit 3: $1800 exp 1/31/2026 (PHMC lease 100% guaranteed by GOV)

Listing Status:

Active

Date Added:

May 4, 2025 at 05:00AM

Listing Office:

United Real Estate : 4843677727

Listing Agent:

Chris Elias Sherman : 2035122716

MLS ID:

PAPH2478520

Interior

• Appliances: Built-In MicrowaveBuilt-In RangeCooktopDishwasherDryerDisposalDryer - ElectricEnergy Efficient AppliancesFreezerRefrigeratorStainless Steel Appliances
• A/C: Central A/C
• Heating: YCentralElectric
• Disability Feature: None

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Chris Elias Sherman, United Real Estate