UPDATED:
11/13/2024 05:35 PM
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Pending
Purchase Type For Sale
Square Footage 2,010 sqft
Price per Sqft $168
MLS Listing ID PAPH2385712
Style Other,Colonial
Abv Grd Liv Area 2,010
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $5,289
Tax Year 2022
Lot Size 1,234 Sqft
Acres 0.03
Lot Dimensions 16.00 x 79.00
Property Description
Property Overview:
-Unit Mix: Two spacious 2-bedroom apartments and two large studio apartments.
- Current Rental Income: $3,050/month ($36,600 annually).
- Lease Terms: Fully leased until Summer 2025, ensuring stable occupancy and income.
- Condition: Well-maintained and updated units, attracting quality tenants.
- Location: Ideally situated in close proximity to Temple University, offering convenience and high rental demand.
Investment Highlights:
- Income Potential: Immediate cash flow with solid rental history.
- Location Benefits: Highly desirable area for students and other prospective tenants.
- Future Growth: Positioned in a neighborhood experiencing ongoing development and appreciation.
- Turnkey Opportunity: Minimal maintenance required with current tenants in place.
This is a rare chance to acquire a turnkey investment property in one of Philadelphia's most sought-after rental markets. Whether you're expanding your portfolio or diving into real estate investment, this property promises a lucrative return and long-term growth potential.
Schedule a showing and discover more about this promising investment opportunity!
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Basement Full, Unfinished
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Utilities Available Cable TV Available
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Lot Description Rear Yard
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Other, Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 321210800
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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