Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
1,694
**INVESTOR OPPORTUNITY** Don't miss out on this opportunity to own a fully occupied three-unit multifamily in West Philadelphia. The property offers a strong unit mix consisting of a studio apartment (laundry access) and two 2-bedroom units, plus two garages that generate additional income. In Unit 1 (studio), find recessed lighting and luxury vinyl plank flooring, plus large windows. The kitchen features stainless steel appliances and white/grey granite countertops. The bathroom is of a decent size and has a walk-in shower with black hexagon floor tile and a marble-like backsplash. Tenants in this unit have access to the private laundry area. Enter unit 2 through the front door to find an enclosed front porch. Further inside, blonde luxury vinyl plank flooring leads you into the living area with a non-functioning brick fireplace. The kitchen in this unit has stainless steel appliances and wooden cabinets with a windowed kitchen sink wall. The room has enough space for a breakfast/small dining table as well. Two bedrooms and a tub/shower bathroom complete the space. Unit 3 has it’s own seperate side entrance which also features 2 bedrooms and one full bathroom. There, find a spacious living area, as well as an eat-in kitchen with white cabinetry and stainless steel appliances. A small dining table fits here, as well. The primary in this unit has a beautiful bay window that floods the space with natural light. Fully leased, the studio rents for $950 per month, while one of the 2-bedroom units rents for $1,315 per month. The other two-bedroom unit rents for $1,335 per month. There are also two garages on the property that can be rented, which generate an additional $225 per month. A new front roof and main roof have been installed, providing valuable recent improvements for the next owner. With full occupancy, multiple income streams, and immediate rental income, this property would make a strong addition to any Philadelphia investment portfolio.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Ceiling Fan(s)
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Above Grade Finished Area
1694.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Wall Unit(s), Electric
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Electric, Natural Gas, Hot Water, Baseboard
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Other Exterior Features
Lighting
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.04
-
Lot Size(square feet)
1,605
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
Traditional
Price
-
Sales Price
$409,900
-
Tax Amount
$4,456
-
Financing Options
Cash, Contract, Conventional, FHA, VA
-
Sq. Footage
1,694
-
Price/SqFt
$241
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Other
-
Sewer
Public Sewer
-
Tax Lot
71
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Eli Qarkaxhia, Compass Pennsylvania, LLC
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Owner, President, Investment Property Advisor
Theresa Kehler
Call Theresa today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.