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sales rep | Brivity IDX

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3281 Red Lion Rd , Philadelphia, PA 19114
$450,000
Est. Payment: $2,430.98/mo
4 Bed
2 Bath
1116 Sqft
0.06 Acres
Status: active | Days on site: 60
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KELWLMML - 3250034
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House Description

Now offering 3281 Red Lion Road: a duplex w/ a unit mix of two (2) 2bd/1ba units, w/ Unit 1 currently occupied by a long-term tenant paying $1,550/month (their lease ends in February) and Unit 2, which has just been leased for $1,700/month on a 12 month term (started 9/27/26). Unit 2 features in-unit washer and dryer, and a private outdoor balcony. Fully rehabbed just a year ago and move-in ready, the apartment boasts a stylish kitchen with granite countertops, brand-new stainless steel appliances, and white shaker cabinets. Enjoy all-new luxury vinyl plank flooring, recessed LED lighting, and two evenly sized bedrooms. Unit 1 is cosmetically outdated, relative to Unit 2, but is in great shape, has private backyard access. Right out front, there are two (2) dedicated parking spots- one for each unit. Using "back of the napkin" underwriting, if you conservatively set aside 25% of your gross income to cover expenses, this building is operating at a 6.5% cap rate. Schedule your tour today!

Highlights

Listed by Daniel Tae Kim , 2672310061 Keller Williams Main Line , 6105200100. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.06

Year Built

1974

County

Philadelphia

Area

19114 (19114)

Neighborhood

Morrell Park

School District

Philadelphia City

Listing ID

PAPH2665064

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:1116
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:20.00 x 141.00
Garage Capacity:2
Zoning:RSA-4
Sewer:Public Sewer
Parking Features:Paved Parking,Driveway,2+ Spaces,1+ Spaces
Principal Interest
$2,431
Taxes
$454

Home Price

$450,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$90,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,430.98

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,430.98 $454.33 $0.00 $2,885.31
Yearly $29,171.73 $5,452.00 $0.00 $34,623.73
Total $875,152.04 $163,560.00 $0.00 $1,038,712.04
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T21:11:33.000Z

© 2026 Bright MLS