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Key Details
Sold Price $930,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $310
Subdivision Newbold
MLS Listing ID PAPH2196954
Sold Date 03/17/23
Style Traditional
Abv Grd Liv Area 3,000
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $9,808
Tax Year 2022
Lot Size 1,238 Sqft
Acres 0.03
Lot Dimensions 17.00 x 75.00
Property Description
SO MANY ways to make the numbers work on this luxury corner TRIPLEX a block off Broad St! 1031 Exchange, Owner-Occupy a unit and live for pennies on the dollar, AirBNB, or just a standard trophy property in your portfolio! Everything is brand new, including roof, mechanicals, custom high end finishes such as lifeproof vinyl plank flooring throughout, custom cabinets, quartz counter tops, stainless steel appliances, and more...Which make this a minimal maintenance property that has a strong chance of appreciation as this neighborhood continues to boom!
Each unit is a large 2 bedroom, 1 bath apartment home with central HVAC and washer/dryer in unit. Custom tiled baths, large closets, and the 2nd and 3rd floor units have sliding doors to a balcony.
Units are currently vacant so it's easy to show. Expected rents are $2,250/each or $81,000/Year in income! Numbers look strong! 10 Year Tax Abatement pending, making this just under an 8 CAP!
Amazing location just a block from a Subway stop, and walking distance to a Sprout's Grocery Store, Target, Wine and Spirits, Dunkin Donuts...AND all of the shops and restaurants that E. Passyunk has to offer!
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning CMX1
Rooms
Basement Unfinished
Interior
Interior Features Combination Dining/Living, Floor Plan - Open, Flat, Kitchen - Island, Sprinkler System, Tub Shower
Hot Water Instant Hot Water
Cooling Central A/C
Equipment Built-In Microwave, Dishwasher, Disposal, Dual Flush Toilets, Energy Efficient Appliances, Instant Hot Water, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances
Fireplace N
Appliance Built-In Microwave, Dishwasher, Disposal, Dual Flush Toilets, Energy Efficient Appliances, Instant Hot Water, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Roof Type Flat
Accessibility 32\"+ wide Doors, Doors - Lever Handle(s)
Garage N
Building
Foundation Block
Sewer Public Sewer
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 365363805
Ownership Fee Simple
SqFt Source Assessor
Security Features Sprinkler System - Indoor,Smoke Detector,Fire Detection System,Carbon Monoxide Detector(s)
Acceptable Financing FHA, Conventional, Cash, VA, Other, Exchange
Listing Terms FHA, Conventional, Cash, VA, Other, Exchange
Financing FHA,Conventional,Cash,VA,Other,Exchange
Special Listing Condition Standard
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Bought with Andre Quain • Keller Williams Philadelphia
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