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Key Details
Sold Price $140,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,728 sqft
Price per Sqft $81
Subdivision University City
MLS Listing ID 1000317281
Sold Date 10/27/17
Style Other
HOA Y/N N
Abv Grd Liv Area 1,728
Originating Board TREND
Year Built 1925
Annual Tax Amount $1,625
Tax Year 2017
Lot Size 1,490 Sqft
Acres 0.03
Lot Dimensions 16X93
Property Description
Wonderful investment opportunity close University City! Property was just renovated and is ready for tenants. Tons of income potential here. The first floor is a large one-bedroom unit with access to the rear yard and basement laundry hook up. 2nd and 3rd floors combine to make an amazing bi-level three-bedroom unit. Apartments have new kitchens, new baths, new windows, new flooring, new lighting. This property will rent quickly year after year. 1 Bedrooms are renting around 650-700. 3 bedrooms are renting around 1,100 ? 1,200 per month. That will put the Cap rate around 15%! Get your clients here asap. The numbers will intrigue them. All offers will be presented to Seller on Tuesday 9/19/17.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RM1
Rooms
Other Rooms Primary Bedroom
Basement Full
Interior
Hot Water Electric
Heating Electric
Cooling None
Fireplace N
Heat Source Electric
Laundry Has Laundry
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 061279800
Ownership Fee Simple
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Bought with Devon M Wright • RE/MAX Plus
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