$450,000
$495,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
1,980 SqFt
SOLD DATE : 10/28/2022
Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,980 sqft
Price per Sqft $227
Subdivision Cedar Park
MLS Listing ID PAPH2092464
Sold Date 10/28/22
Style Traditional
Abv Grd Liv Area 1,980
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $4,174
Tax Year 2022
Lot Size 1,296 Sqft
Acres 0.03
Lot Dimensions 16.00 x 81.00
Property Description
Located in University City/Cedar Park section of Philadelphia. This triplex is fully leased and is within walking distance to public transportation, UPENN, USciences and Cedar Park! This triplex features three one(1) bedroom units. Units 1R and 1F feature a bi-level layout with living area and kitchen on the first floor and bedroom and bathroom on the end floor. Unit three is located on the top level and has been recently updated and is generating $1,200 per month. These are generously size units that offer a lot of space for a work from home flex space or additional living space. Current gross rent is $3,000/ month. With some minor upgrades you could easily generate an additional $600/month from units 1F/1R raising your monthly gross income to $3,600. Awesome location, well maintained property that would make a nice addition to your portfolio. Tenant-occupied 48 hours notice needed for all showing.
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning CMX2
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Baseboard - Electric, Forced Air
Cooling None
Heat Source Electric, Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Block
Sewer Public Sewer, Public Septic
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 461203700
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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Bought with Alison Simon • KW Philly
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "