$300,000
$350,000
14.3%For more information regarding the value of a property, please contact us for a free consultation.
2,685 SqFt
SOLD DATE : 01/17/2022
Key Details
Sold Price $300,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 2,685 sqft
Price per Sqft $111
Subdivision Haddington
MLS Listing ID PAPH876208
Sold Date 01/17/22
HOA Y/N N
Originating Board BRIGHT
Year Built 1929
Annual Tax Amount $1,904
Tax Year 2021
Lot Size 2,475 Sqft
Acres 0.06
Lot Dimensions 22.50 x 110.00
Property Description
6 Unit solid structure apartment building, being sold AS-IS, apartments need updating, 5 are rented out. It is priced accordingly. This sale also includes a detached 2 story garage that can be rented out separately. All units have separate Gas and Electric. 2 units rented by long time tenants on month to month lease. Great investment opportunity, currently rented for below market rents, all leases are month to month. Current rental income from 5 rented units is about $2,400 per month which is significantly under market rent. The six units could be rented for $4,000 to $4,500 per month.
Location
State PA
County Philadelphia
Area 19139 (19139)
Zoning RSA3
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 881125810
Ownership Fee Simple
SqFt Source Assessor
Security Features Electric Alarm,Fire Detection System,Smoke Detector
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Standard
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Bought with Anthony A Lee • Realty ONE Group Legacy
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "