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Key Details
Sold Price $459,900
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,216 sqft
Price per Sqft $207
Subdivision Temple University
MLS Listing ID 1000432647
Sold Date 10/10/17
Style Other
HOA Y/N N
Abv Grd Liv Area 2,216
Originating Board TREND
Year Built 1918
Annual Tax Amount $521
Tax Year 2017
Lot Size 1,187 Sqft
Acres 0.03
Lot Dimensions 16X76
Property Description
Attention Investors, This is an amazing opportunity to own a Fantastic Newer Construction muti unit property with over 7 years left on the tax abatement, on TempleUniversity's most coveted block. Newly constructed in the spring of 2015, this handsome building features two spacious bi-level and LEASED units thru the 2018 season. Unit one consists of three spacious bedrooms and two full ceramic tile bathrooms on the first floor and lower level, and has access to the huge rear yard. Unit two houses four bedrooms and two bathrooms with an open stainless steel and granite kitchen. All bedrooms and living areas are large as compared to other temple student rentals, making it easier to lease on an ongoing basis. This property was all new construction except for the front facade. new electric, HVAC, plumbing systems, roof, kitchens and bathrooms. This turnkey investment is completely rented to screened tenants at $600.00/ month per room, that works out to over $50,000.00 in annual gross income. And to top it all, the expenses are minimal, everything is separate and tenant paid, except the water, and the taxes are only $521.00 for 2017. Possibly the Best deal on the market, and very conservatively priced, do not let this one pass you by!!
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Other Rooms Primary Bedroom
Basement Full
Interior
Hot Water Electric
Heating Electric
Cooling Central A/C
Fireplace N
Heat Source Electric
Laundry Has Laundry
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 321211200
Ownership Fee Simple
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Bought with Yong Sun • Brightsky Realty LLC