$610,000
$625,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
1,073 Sqft Lot
SOLD DATE : 04/30/2020
Key Details
Sold Price $610,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Subdivision Temple University
MLS Listing ID PAPH508106
Sold Date 04/30/20
Style Traditional
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $95
Tax Year 2020
Lot Size 1,073 Sqft
Acres 0.02
Property Description
Fantastic investment opportunity near Temple University, Olde Kensington and Norris Square! This brand new construction property is a duplex with two large units in an incredibly active and developing area. Unit 1 is about 1227 sqft and offers a full finished basement, and private access to the back yard. The unit also features 4 bedrooms and 3 full bathrooms. Projected rental income for this unit is $2,200/month. Unit 2 will offer the 2nd and 3rd floors of the building. Unit 2 is about 1227 Sqft. and will also feature 4 bedrooms, 2 full bathrooms and and one large den/office. The projected rental income for this unit is $2,750/month. This investment is a great opportunity to receive a high rate of return with minimal expenses as it also has a pending 10-year Tax Abatement and a 1-year builders warranty. Floor plans are attached and available. Expected delivery date of June 2019. This area is rapidly developing and also presents great long term appreciation! Please reach out for more information. Check OPA for 2019 taxes due to possible citywide reassessment.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning CMX2
Rooms
Basement Fully Finished
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type None
Garage N
Building
Lot Description Rear Yard
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction Y
Schools
School District The School District Of Philadelphia
Others
Tax ID 202113300
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Danielle S. Py-Salas • Realty ONE Group Legacy
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "