Bought with John F Mish III • RE/MAX Centre Realtors
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Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,124 sqft
Price per Sqft $188
MLS Listing ID PAPH1013098
Sold Date 06/11/21
Style Other
HOA Y/N N
Abv Grd Liv Area 2,124
Year Built 2010
Available Date 2021-05-07
Annual Tax Amount $8,276
Tax Year 2021
Lot Size 1,258 Sqft
Acres 0.03
Lot Dimensions 17.00 x 74.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Incredible investment opportunity at TU with a cap rate of 7.8%. This turnkey duplex has a lower level 3 bed 3 bath rented at $1795 through 7/31/21, and an upper 4 bed 4 bath that is rented at $2000. This new construction duplex was built in 2010 and is just two blocks from main campus. The property features spacious layouts with private outdoor space, on-site parking, generously sized bedrooms, and en-suite baths. There is significant room to increase rents over the next several years as the area continues to develop. Matterport virtual tours are available of both units. Upper unit is currently vacant but has signed 12 month lease in place with students for 8/1/2021. Pro-forma available in the documents section.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Basement Other
Interior
Hot Water Electric
Heating Heat Pump - Electric BackUp
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 321101800
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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