$460,000
$499,000
7.8%For more information regarding the value of a property, please contact us for a free consultation.
2,690 SqFt
SOLD DATE : 11/18/2015
Key Details
Sold Price $460,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,690 sqft
Price per Sqft $171
Subdivision Spruce Hill
MLS Listing ID 1002714298
Sold Date 11/18/15
Style Other
HOA Y/N N
Abv Grd Liv Area 2,690
Originating Board TREND
Year Built 1925
Annual Tax Amount $4,718
Tax Year 2015
Lot Size 2,094 Sqft
Acres 0.05
Lot Dimensions 22X95
Property Description
Great real estate investment opportunity. 3 unit apartment building. 1st floor unit: 2 bedroom / 1 bath. Large open layout. 2nd Floor 2 or 3 bedroom / 1 bath. 3rd Floor: 2 or 3 bedroom / 1 bath. Basement with dryer and washing machine. Hardwood floors throughout the building. All the rooms have air conditioning units for the windows. Location is great with the neighborhood gentrifying more every year. Never had any trouble renting the apartments with University of Penn and Drexel University nearby. It is almost recession proof because of the constant flow of renters. Owners of the property have moved out of the area and not able to properly maintain the property. Great investment property for someone that is able to sit on the property for a few years and put a little work into the property.
Location
State PA
County Philadelphia
Area 19139 (19139)
Zoning RM1
Direction East
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished, Outside Entrance
Interior
Interior Features Window Treatments
Hot Water Natural Gas
Heating Gas, Radiator
Cooling Wall Unit
Flooring Wood, Tile/Brick
Fireplace N
Heat Source Natural Gas
Laundry Common
Exterior
Utilities Available Cable TV Available
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Parking Type None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 461174700
Ownership Fee Simple
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Bought with Jenny Pu • Target Realty