1644 Gratz St.
Phila. Pa. 19121
OWN THIS Turn-Key Renovated Temple Student Rental on Lease Option Great Cash Flow!
•
$430-$730/mo Cash Flow
•No Bank Qualifying
•Turn Key Renovated Student Rental
Lease Option from Owners – then Rent out as Student Rental
and start collecting $430 to $730/mo Cash Flow!
Property Details: Renovated in 2008
4 BR, 2 Bath, hardwood floors, renovated 3 years ago, kitchen has tile floor, cherry cabinets, granite counters, dw, stove, microwave, refrigerator, washer/ dryer, sliding doors to large yard, end of row, large basement, central air, new windows, tiled baths, only 5 blocks to center of Temple Univ. Campus!
Taxes: Only $404/year
Sq. Ft.: 1380
FINANCING:
We are offering this property as a Lease Option (Rent to Own) as follows:
Sale Price: $185,000
Option Deposit: $10,000
Monthly Rent: $1,370/mo
Vacancy Factor: If you time this rental to turn over with the student rental cycle, you will have “0” Vacancy
Other expenses: Any future maintenance needed
Option Term: One year, with option to renew annually
Owner will pay Taxes & Insurance annually during the lease term.
Late Rental Cycle Standard
RENT: $1800 $1900 $2000 $2100
Less Expenses: $1370 $1370 $1370 $1370
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Monthly Cash Flow: $ 430 $530 $630 $730
We’re Negotiable on how to structure this deal to work for you and us – let’s talk!
Call 610-212-4330 or email kgrei03@yahoo.com
