5379 Morse Street

Philadelphia, United States of America

Properties > 5379 Morse Street
FUNDING TARGET
$206,100
INVESTMENT TERM
4 years
EST. ANNUAL RETURN
6.30%
100% FUNDED
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Description

A fantastic investment opportunity, this property offers annual rental returns of 6.30%* and is comprised of a townhome, originally constructed in 1925. The property offers a spacious living area of 118.5m and has 3 bedrooms, 2 bathrooms, kitchen and a living room. The property is located very close to the Fairmount Park. 


About the area

Selling points

Strong Market Fundamentals

Our experienced and professional real estate team review each and every Bricksave deal utilising our AI driven, Algorithmic real estate sourcing program.

Property refurbished

The property will be professionally refurbished and will be delivered turnkey ready for the new tenants. It is expected the value of the property will increase considerably upon completion.

Solid Tenancy

The property is currently vacant and the area enjoys strong rental demand from families and professionals. It is expected a new tenant will provide a long-term lease agreement. 


Investment Timeline
  • Funding started
    2nd Aug. 2022
  • Funding complete
    2nd Aug. 2022
  • Rental starts
    2nd Sept. 2022
  • Returns start
    1st Oct. 2022
  • Year 1 returns
    1st Oct. 2023
  • Year 2 returns
    1st Oct. 2024
  • Year 3 returns
    1st Oct. 2025
  • Year 4 returns
    1st Oct. 2026
  • Property sold


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