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Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $190
Subdivision Wyndmoor
MLS Listing ID PAMC2120540
Sold Date 12/05/24
Style Other
Abv Grd Liv Area 2,100
Originating Board BRIGHT
Year Built 1960
Annual Tax Amount $6,551
Tax Year 2024
Lot Size 6,095 Sqft
Acres 0.14
Property Description
Incredible turn-key investment property! 913 E Mermaid Lane is a well maintained duplex that is fully occupied with long term Tenants. This cash flowing property in desirable Wyndmoor consists of 2 bedroom, 1 bath units currently renting for $1495 and $1500/month. The leases are currently in "Month to Month" status, allowing for the potential of an Owner Occupant to live in one unit and continue to rent out the other. Many of this property's amazing features include: Newer paint and flooring throughout, separate basements with extra storage for Tenants along with separate washer/dryers for each unit, off street parking and a peaceful backyard perfect for entertaining! 913 Mermaid Lane is within walking distance to local cafe's, stores and parks while also a quick drive away from all that Chestnut Hill has to offer and close proximity to all of Philadelphia. Located within the well regarded Springfield School District keeping this building fully occupied should never be a concern! A great property to add to your portfolio, schedule your appointment today!
Location
State PA
County Montgomery
Area Springfield Twp (10652)
Zoning RES
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Springfield Township
Others
Tax ID 52-00-11485-019
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Abram Haupt • Elfant Wissahickon-Chestnut Hill