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Key Details
Sold Price $1,090,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,250 sqft
Price per Sqft $335
Subdivision Washington Sq West
MLS Listing ID PAPH2365030
Sold Date 08/26/24
Style Traditional
Abv Grd Liv Area 2,600
Originating Board BRIGHT
Year Built 2017
Annual Tax Amount $2,380
Tax Year 2024
Lot Size 780 Sqft
Acres 0.02
Lot Dimensions 13.00 x 60.00
Property Description
*Seller has an assumable loan at 3.375%!* Welcome to 528 S 13th St – a turnkey, newer construction, duplex with a cap rate of 7.6%! This fully occupied home consists of a four bedroom, three full bathroom unit leased for $3600 rental amount plus a $140 monthly water fee with a 7/31/25 lease end date. Unit 2 features three bedrooms, three full bathrooms and is currently leased for $3375 with an additional $140 collected each month as a water fee with a lease end date of 5/31/25. Both units are bi-level and feature hardwood floors throughout, central air, outdoor spaces, ample closet space, full kitchens with stainless steel appliances – the list goes on! The home has been impeccably maintained and would be great for an owner-occupied investor or an investor truly looking for an easy to manage property to add to their portfolio. Located in Washington Square West, with a walk score of 98, this home is just a short walk to the Broad St subway line, the NJ PATCO line, Jefferson Hospital, Penn Hospital, and tons of restaurants, bars, and coffee shops. Best yet, there are several years left on the tax abatement (2028!). This property has a history of longer-term renters since it was built – in such an ideal location the rents will only continue to go up making this an excellent investment opportunity. *Seller has an assumable loan at 3.375%!*
Location
State PA
County Philadelphia
Area 19147 (19147)
Zoning RM1
Rooms
Basement Fully Finished
Interior
Interior Features Recessed Lighting, Sprinkler System, Tub Shower, Stall Shower, Upgraded Countertops, Walk-in Closet(s), Window Treatments, Wood Floors
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Hardwood, Tile/Brick
Equipment Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer
Fireplace N
Window Features Double Pane,Sliding
Appliance Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer
Heat Source Natural Gas
Exterior
Exterior Feature Balconies- Multiple, Brick, Patio(s)
Waterfront N
Water Access N
View City
Accessibility None
Porch Balconies- Multiple, Brick, Patio(s)
Parking Type None
Garage N
Building
Lot Description Rear Yard
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction Y
Schools
School District The School District Of Philadelphia
Others
Tax ID 053156300
Ownership Fee Simple
SqFt Source Assessor
Security Features Sprinkler System - Indoor
Acceptable Financing Negotiable
Listing Terms Negotiable
Financing Negotiable
Special Listing Condition Standard
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Bought with Juliana Martell • Kurfiss Sotheby's International Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "