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Key Details
Sold Price $490,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,840 sqft
Price per Sqft $127
Subdivision Temple University
MLS Listing ID PAPH2343520
Sold Date 08/07/24
Style Straight Thru
Abv Grd Liv Area 2,880
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $6,797
Tax Year 2023
Lot Size 1,344 Sqft
Acres 0.03
Lot Dimensions 17.00 x 80.00
Property Description
Outstanding multi-family investment opportunity with an unbelievable 9%+ projected cap rate and projected $50,200+ net operating income! Fully renovated in 2013, superbly maintained, steps to the Temple University campus. Phenomenally designed layout with 4 full levels of living space and nearly 4000 finished square feet featuring 11 ensuite bedrooms with 12 private bathrooms. Massive potential for upside rental income! Can be delivered vacant or with a management contract in place and can also be purchased as a package with 1315 N. 19th Street. Extraordinary addition to your rental portfolio! Walk through the property today using the 3D Matterport virtual tour link!
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RSA3
Rooms
Basement Fully Finished
Interior
Hot Water Electric
Heating Heat Pump - Electric BackUp
Cooling Window Unit(s)
Fireplace N
Heat Source Electric
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 471324700
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Matthew Greene • Coldwell Banker Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "