$220,000
$234,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
1,569 SqFt
SOLD DATE : 04/05/2024
Key Details
Sold Price $220,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,569 sqft
Price per Sqft $140
Subdivision Germantown
MLS Listing ID PAPH2306680
Sold Date 04/05/24
Style Traditional
Abv Grd Liv Area 1,569
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $2,672
Tax Year 2023
Lot Size 1,598 Sqft
Acres 0.04
Property Description
Calling all turnkey and or value add investors! Legal triplex consisting of three large 1 bedroom and 1 bathroom units is now available! Property features separate utility, quality tenants and plenty of room to add value via cosmetic updates and rents. In addition, it is perfectly situated near large capital investment and an abundance of public transportation including but not limited to Broad Street, Roosevelt Boulevard, 76 and 95 which will make the commute a breeze. So what are you waiting for? This property could generate as much as $2850 a month, $600+ in cash flow, 10% cap rate and 10% cash on cash return but hurry and schedule your appointment today before it's too late!
Location
State PA
County Philadelphia
Area 19144 (19144)
Zoning RM1
Interior
Hot Water Electric
Heating Baseboard - Electric, Forced Air
Cooling None
Flooring Luxury Vinyl Plank, Ceramic Tile
Window Features Replacement
Heat Source Electric, Natural Gas
Exterior
Waterfront N
Water Access N
Roof Type Flat,Rubber
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
Structure Type Dry Wall,9'+ Ceilings
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 592062200
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Private, Conventional
Listing Terms Cash, Private, Conventional
Financing Cash,Private,Conventional
Special Listing Condition Standard
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Bought with Amira Coleman • Compass New Jersey, LLC - Moorestown