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Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,184 sqft
Price per Sqft $240
Subdivision Temple University
MLS Listing ID 1003247157
Sold Date 08/03/17
Style Other
HOA Y/N N
Abv Grd Liv Area 2,184
Originating Board TREND
Year Built 2009
Annual Tax Amount $7,153
Tax Year 2017
Lot Size 1,034 Sqft
Acres 0.02
Lot Dimensions 14X74
Property Description
Prime TU location Investment alert! This newer construction multifamily is in a prime TU location and has guaranteed rental income with student leases already in place through July 2018! All units feature central air/heat, a modern kitchen , hardwood floors throughout the common areas, cozy carpeted bedrooms, and large living rooms. The lower level features a 1 bed and 1 bath unit that was separated from what was a 3 bed original layout that was 1st floor and basement. This unit was separated by the current owner without The first floor unit offers 2 bedrooms, full bath, as well as access to the fenced-in backyard. This unit also includes the finished basement which houses the apartment's laundry room and additional living area. The second and third floor unit feature Five bedrooms, two full baths, and a stacked washer/dryer. The total monthly rental income is 4,620.00 and current leases are in place until the end of the next school year (July 2018). A strong rental history and premier location make this a great long term investment! Please note that the lower level unit was created without city approvals.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Other Rooms Primary Bedroom
Basement Full
Interior
Hot Water Natural Gas
Heating Gas
Cooling Central A/C
Flooring Wood, Fully Carpeted
Fireplace N
Heat Source Natural Gas
Laundry Washer In Unit
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 471236500
Ownership Fee Simple
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Bought with Haiyan Lin • Canaan Realty Investment Group