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Key Details
Sold Price $745,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,240 sqft
Price per Sqft $229
Subdivision Spruce Hill
MLS Listing ID PAPH2356932
Sold Date 07/02/24
Style Other
Abv Grd Liv Area 3,240
Originating Board BRIGHT
Year Built 1935
Annual Tax Amount $5,021
Tax Year 2022
Lot Size 1,746 Sqft
Acres 0.04
Lot Dimensions 18.00 x 97.00
Property Description
HIGHEST AND BEST OFFERS DUE IN BY 2PM SATURDAY MAY 25. Make sure offer package includes Agreement of Sale, TOP form, Buyer signed SPD and LPD forms, Buyer BFI and/ or POF and/ or pre-approval letter. ===============Excellent opportunity to purchase a very well located fully leased triplex in the Spruce Hill neighborhood of University City! This property, also located within the Penn Alexander School catchment area, was recently fully renovated and features three full floor two bedroom apartments. The 2nd floor apartment will be vacant as of June 1, 2024 making this an incredible owner occupant purchase opportunity. All utilities are separated and each apartment has in-unit laundry. Each unit features some type of outdoor space. Awesome rear yard access for 1st floor unit. 2nd floor unit has access to a cute patio and the 3rd floor unit has access to large roof deck! Basement access is from the front patio. Tax abatement in effect through 2026. The total monthly rent roll is $5,170 + $100 for water usage. Total gross annual income is $63,240. The property is close to many coffee shops, restaurants, Universities and public transportation. Schedule a tour today!
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RSA5
Rooms
Basement Full, Outside Entrance, Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Exterior Feature Patio(s), Balcony
Water Access N
Accessibility None
Porch Patio(s), Balcony
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Penn Alexander School
Middle Schools Penn Alexander School
High Schools West Philadelphia
School District The School District Of Philadelphia
Others
Tax ID 272144300
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Yun Li • BY Real Estate