Philadelphia, PA 19120,4926 BOUDINOT ST
Philadelphia, PA 19120,4926 BOUDINOT ST
Philadelphia, PA 19120,4926 BOUDINOT ST
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Listed by Richard K Cassell • KW Empower
$140,000
Est. payment /mo
3 Beds
1 Bath
1,184 SqFt
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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

HOA Y/N N

Abv Grd Liv Area 1,184

Year Built 1942

Annual Tax Amount $1,969

Tax Year 2025

Lot Size 1,320 Sqft

Acres 0.03

Lot Dimensions 16.00 x 83.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

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

Rooms

Basement Unfinished

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Window Unit(s)

Fireplace N

Heat Source Natural Gas

Exterior

Exterior Feature Porch(es)

Water Access N

Accessibility None

Porch Porch(es)

Garage N

Building

Story 2

Foundation Slab

Above Ground Finished SqFt 1184

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Senior Community No

Tax ID 421419800

Ownership Fee Simple

SqFt Source 1184

Special Listing Condition Standard


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Bright MLS (BMLS)
Steven Pagan

Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and  homebuyers in finding their perfect piece of paradise in New Jersey. 

+1(609) 631-5668

steven.pagan@thepagangroup.com

90 Tanner St, Haddonfield, NJ, 08033-2419, USA

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4926 BOUDINOT ST