UPDATED:
09/20/2024 01:20 AM
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,218 sqft
Price per Sqft $229
Subdivision Sharswood
MLS Listing ID PAPH2245832
Style Federal
Abv Grd Liv Area 2,218
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $1,967
Tax Year 2023
Lot Size 1,317 Sqft
Acres 0.03
Property Description
The portfolio is comprised of 15 units over 4 locations. Two duplexes, a
triplex, and an eight unit building with a single car garage. All properties
are located in Philadelphia neighborhoods of Sharswood and Olde
Kensington. Per website Best Places, the 19133 (Old Kensington) zip code has
enjoyed 17.3% home appreciation in the last 10 years.
It also has a robust market for renters making up 45.3% of the population.
Home appreciation in the 19121 zip code (Sharswood) has been 19.8%
over the last 10 years . Renters make up 49.8% of
the population. All of these properties have undergone full gut
renovations and were stripped down to the studs. Many of the layouts
were reconfigured. Each property was then rebuilt with new electric,
plumbing, hvac, roofing, windows, curb traps where necessary,
appliances, kitchens, bathrooms, etc... Each property has a 10 year tax
abatement secured. All properties will be sold "as is, where is with all faults and defects"
Please take a look at the attached brochure for more details. Additionally available properties are a triplex at 2323 n 2nd st Philadelphia PA 19133, a duplex at 2527 N Front st Philadelphia PA 19133, 8 units + Garage at 2626-2630 Ridge Ave Philadelphia PA 19121. Portfolio Price $3.35mm
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Interior Features Breakfast Area, Floor Plan - Open
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Equipment Stainless Steel Appliances
Appliance Stainless Steel Appliances
Heat Source Electric
Exterior
Exterior Feature Patio(s)
Waterfront N
Water Access N
Accessibility 2+ Access Exits
Porch Patio(s)
Parking Type On Street
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Federal
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 291097900
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
"My goal for each transaction is to give my buyers the information they need to make good decisions regarding neighborhoods, housing choices, pricing and negotiating the purchase."