$215,000
$214,999
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1,888 SqFt
SOLD DATE : 02/13/2020
Key Details
Sold Price $215,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,888 sqft
Price per Sqft $113
Subdivision Brewerytown
MLS Listing ID PAPH830220
Sold Date 02/13/20
Style Other
HOA Y/N N
Abv Grd Liv Area 1,888
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $441
Tax Year 2020
Lot Size 1,152 Sqft
Acres 0.03
Lot Dimensions 16.00 x 72.00
Property Description
Priced out of expensive and competitive East Coast real estate markets like New York, DC and Boston? Invest/own/rent in Philadelphia, Pennsylvania for a fraction of the cost and experience above national average rent growth and asset appreciation while discovering world class culture, cuisine, convenience and connectivity.QOZ investors: This is an 1800+ SF 3 storey value add triplex in the red hot 19121 zip code. This 3 unit multifamily property is in livable condition but needs full rehab to bring up to market standards. Just one half mile east of Fairmount Park and one half mile north of booming Brewerytown where investor demand is surging. Prime investment location for future rent growth and appreciation. Terrific starter project for builders and investors looking for long term investment hold. Full gut renovation will qualify this property for Philadelphia's 10yr tax abatement program. Multiple new multifamily developments on this street and surrounding area. Qualified Opportunity Zone investment. Buy and build! This property is a As-In-Condition sale.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer, Public Septic
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 324040100
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Conventional, Cash, FHA, VA
Listing Terms Conventional, Cash, FHA, VA
Financing Conventional,Cash,FHA,VA
Special Listing Condition Standard
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Bought with Mackenzie Van Horn • National Realty Old City LLC - PA
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "