Marvin Vargas

Welcome to 230 S 46th Street - An amazing investment opportunity in Spruce Hill. Step into luxury living with this newly developed FIVE unit building consisting of 1- 2bd/1ba, 1 - 3bd/2ba, 2 - studios, 1 - 2bd/2ba, and 1 OFF STREET PARKING SPOT. This building has been gutted to the studs with BRAND NEW plumbing electric, sprinkler system, and HVAC. Crafted with precision, designed for comfort, each unit offers a blend of modern elegance and timeless charm. Private rear shared outdoor space perfect for entertaining or relaxing. 7.38 Cap Rate!!! Units Features - Spacious floor plans bathed in natural light, Gourmet kitchens equipped with state-of-the-art Samsung appliances and sleek countertops, and luxurious bathrooms boasting spa-like amenities with exquisite finishes Current rent roll 2bd/2ba $1993 3bd/2ba $2500 Studio $1310 Studio $1310 2bd/1ba Projected $1800 $108,156 Annual Rent 7.38 CAP!! $97,382 NOI Low operating expenses - Approved Tax abatement with brand new mechanical systems.

Welcome to your dream home nestled in the historic district of Wynnefield, Philadelphia, PA. This rancher offers a perfect blend of comfort and functionality. It features 2 bedrooms, two well-appointed bathrooms on the main level and an expansive living area including a finished basement with a bonus room that can be designated as a bedroom, home office, gym, or home school space. Rounding out the first floor is a spacious hall bath with stall shower and custom quartz top. Step inside to a generous open floor plan that captures the essence of bright and airy living. The home's over sized windows fill interiors with abundant natural light, while the beautiful hardwood flooring and stylish recessed or ceiling fixtures add a touch of elegance. The living room's highlight is an inviting fireplace, making it a perfect spot for cozy family gatherings. The house includes an attached garage, a private driveway, central heating and cooling systems for your comfort all year round. The well-equipped kitchen with granite countertops boasts garbage disposal, and a separate laundry area comes complete with a washer and dryer. Enjoy the luxury of having private outdoor space, ideal for relaxation and entertainment. This home is conveniently located near the Main Line, Rte I-76, Wynnefield regional rail station, Produce Junction & several Shopping centers. The lovely Belmont Plateau Park is also within walking distance, ensuring your weekends are filled with recreational activities. Take this opportunity to make this house your new home! Contact us today and let's turn your dream into a reality. The perfect blend of comfort and convenience awaits you.

Fully Occupied Quadplex located on a quiet tree-lined street in prime Graduate Hospital neighborhood bringing in $60,240 Gross Annual Income. Building was Fully renovated about 10 years ago. Walkability is a 95/100. Ideally located close to Rittenhouse Square, Center City's business and retail districts. Enjoy a short walk to playgrounds, pools, parks, restaurants, coffee shops, the YMCA, and grocery stores in addition to local institutions like UPenn, CHOP, and Jefferson. Easy access to major highways and transportation hubs such as I-76, the Broad St subway line, and multiple bus routes.

Realtor specializing in the Morris County market. Member of the Tucker Real Estate Team. 

Marvin Vargas

About Marvin Vargas

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Recent property sales & transaction history

6 properties

Maple Shade

Properties for sale by listing agent Marvin Vargas

$1,319,000

$314,100

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