$1,100,000
$1,150,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
4,230 SqFt
SOLD DATE : 03/04/2022
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 4,230 sqft
Price per Sqft $260
Subdivision Temple University
MLS Listing ID PAPH2064898
Sold Date 03/04/22
Style Traditional
Abv Grd Liv Area 4,230
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $5,273
Tax Year 2021
Lot Size 3,629 Sqft
Acres 0.08
Lot Dimensions 21x172.83
Property Description
Fantastic cash flowing investment in the heart of the Temple University off-campus housing market. This 6 unit building has the added bonus of extending from 15th Street to Sydenham Street with plenty of vacant lot space for construction of an additional multi family property (build it yourself or subdivide and sell it). The units offer contemporary and well maintained finishes but can certainly be refreshed to increase the rents. All units are spacious and easily rented. Unit mix is Commercial space on ground floor, (4) 2BR/1Ba Units, and (1) 1BR/1BA. Gross income is $93,960 with the inclusion of projected rent for currently vacant 1st floor apartment and laundry. All utilities are separated, systems are up to date.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air, Baseboard - Hot Water
Cooling Central A/C, Wall Unit
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881146805
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Josalyn Aponte • Honest Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "