$285,000
$275,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
1,410 SqFt
SOLD DATE : 05/17/2021
Key Details
Sold Price $285,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,410 sqft
Price per Sqft $202
Subdivision Temple University
MLS Listing ID PAPH991010
Sold Date 05/17/21
Style Other
HOA Y/N N
Abv Grd Liv Area 1,410
Originating Board BRIGHT
Year Built 1960
Annual Tax Amount $1,835
Tax Year 2021
Lot Size 721 Sqft
Acres 0.02
Lot Dimensions 13.33 x 54.09
Property Description
Incredible investment opportunity at TU with a cap rate of 7.8%. This turnkey duplex has a lower level 2 bed 1 bath rented at $950 through 7/31/21, and an upper 3 bed 2 bath that is rented at $1350 through 7/31/21. This duplex was renovated in 2011 and is just a block from main campus and train station. There is significant room to increase rents over the next several years as the area continues to develop. Matterport virtual tours are available of both units. This property can be sold as a package with 1929 N 9th Street, MLS#PAPH991008.
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning RM1
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Heat Source Electric
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 202154400
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Michael F Cirillo • Better Homes Realty Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "