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Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Pending
Purchase Type For Sale
Square Footage 3,104 sqft
Price per Sqft $161
MLS Listing ID PAPH2589960
Style Other
Abv Grd Liv Area 2,304
Year Built 1915
Annual Tax Amount $1,706
Tax Year 2024
Lot Size 1,212 Sqft
Acres 0.03
Lot Dimensions 19.00 x 63.00
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
The second and third-floor units feature two spacious bedrooms and a generously sized bathroom, adorned with marble tiles and modern ceramic tiling.
Luxurious kitchens showcase designer cabinets with sleek quartz countertops, complemented by new stainless steel appliances.
Enjoy the elegance of exposed brick walls, iron railings, and the warmth of recessed lighting.
Both units come complete with the convenience of washer and dryers.
All mechanical systems in the property are brand new, ensuring efficient and reliable performance.
The first floor is dedicated to a commercial space, perfect for various business ventures.
Current rent for the commercial space is $1,800 per month, offering a lucrative opportunity.
Each unit boasts luxury vinyl plank flooring, ensuring a stylish and low-maintenance living environment.
The property promises a hassle-free lifestyle with modern amenities, including iron railings and recessed lighting.
A fully finished basement adds to the versatility of the space.
With a total gross monthly rent of $5,200 and an impressive 11% cap rate, this property presents an excellent investment opportunity.
Don't miss out on the chance to own a new building with a combination of residential and commercial spaces.
Third floor unit currently has an active Airbnb license.
Second floor unit is currently rented at $1,400 a month.
Commercial space is Occupied with a long term tenant paying 1,800 a month with 5 percent yearly increases.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning CMX1
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Permanent
Above Ground Finished SqFt 2304
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 871542630
Ownership Fee Simple
SqFt Source 3104
Special Listing Condition Standard
Nearby Locations
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