4926 BOUDINOT ST new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19120
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,184 sqft
Price per Sqft $118
Subdivision Feltonville
MLS Listing ID PAPH2551404
Style Traditional
Bedrooms 3
Full Baths 1
Year Built 1942
Annual Tax Amount $1,969
Tax Year 2025
Lot Size 1,320 Sqft
Property Sub-Type Interior Row/Townhouse
Property Description
Investor special! 4926 Boudinot Street is the perfect addition to your rental portfolio **14.70% Cash-on-Cash Return**. This property offers a light cosmetic rehab opportunity to bring it back to life — with the major work already started. The cast iron sewer line has been replaced with PVC, saving you time and money. This spacious home also features private driveway parking in the rear — a desirable feature for tenants. With minimal effort, an investor can transform this into an excellent cash-flowing asset for years to come. Don't miss this solid investment opportunity! THE FINANCIAL BREAKDOWN: Purchase Price: $140,000 / Estimated Renovation Budget: $50,000 / Total Project Cost: $190,000. THE PRO FORMA (PROJECTED VALUE): (ARV): $225,000 (Creates $35,000 in forced equity) / Projected Rent (Section 8): $1,780/month ($21,360/year). PROJECTED CASH-ON-CASH RETURN: This deal is projected to deliver a 14.70% Cash-on-Cash Return based on the following: Initial Cash Invested: $36,100 (Assumes 20% down on purchase + 6 months interest-only carry on $162k in loans). Post-Refinance Annual Expenses: $16,053 / P&I: $12,933 (On a $162k refi loan at 7%) / Taxes: $1,920/ Insurance: $1,200 / Projected Annual Cash Flow: $5,307 ($21,360 Rent - $16,053 Expenses)
Location
State PA
County Philadelphia
Area 19120 (19120)
Zoning RSA5
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Exterior
Exterior Feature Porch(es)
Water Access N
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Special Listing Condition Standard