Bought with Ricardo N Silva • Realty Mark Associates
$510,000
$539,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
2,418 SqFt
SOLD DATE : 08/05/2024
Key Details
Sold Price $510,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,418 sqft
Price per Sqft $210
MLS Listing ID PAPH2369960
Sold Date 08/05/24
Style Other
Abv Grd Liv Area 2,418
Originating Board BRIGHT
Year Built 1980
Annual Tax Amount $7,558
Tax Year 2023
Lot Size 1,511 Sqft
Acres 0.03
Lot Dimensions 16.00 x 93.00
Property Sub-Type Duplex
Property Description
This priced to sell 2-unit multi-family building is a rare find! With Unit 1 offering a 1-bedroom/1.5-bathroom layout and Unit 2 featuring a 3-bedroom/1.5-bathroom bi-level design, there is plenty of space for tenants. Both units are currently rented below market value for $3,300 per month total as it previously rented for $4,000 per month making this property a great investment opportunity. Unit 1 boasts a spacious living and dining area with original hardwood floors, connecting to a well-appointed kitchen and a private outdoor backyard space. Additionally, the first floor includes a full bathroom and bedrooms. The fully finished basement provides even more versatility, serving as additional living or office space and housing a full washer and dryer extra bathroom and additional storage. Unit 2 offers an open and modern kitchen, dining, and living space with high ceilings, new carpet, ceiling fans, air conditioning, heating, and its own washer and dryer. With its bi-level layout, this unit provides ample room for comfortable living. The location of this property is prime, especially for student rentals and young working professionals. It is just a few blocks away from the main campus of Drexel University, Drexel Parc, Upenn, the Art Museum, and the 30th Street Station. Additionally, the proximity to Drexel University Public Safety ensures a safe and secure environment for tenants. Don't miss out on this fantastic opportunity!This is also in a QOZ area which presents a massive opportunity for preferential tax treatment. Act fast and secure this multi-family building in a prime location.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RM-1
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility 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 241212000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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