Philadelphia, PA 19123,1126 GREEN ST
Philadelphia, PA 19123,1126 GREEN ST
Philadelphia, PA 19123,1126 GREEN ST
Philadelphia, PA 19123,1126 GREEN ST
Philadelphia, PA 19123,1126 GREEN ST
Philadelphia, PA 19123,1126 GREEN ST
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$430,000

$400,000

7.5%
Est.Price: ?

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Est. payment /mo

2,262 SqFt


SOLD DATE : 06/29/2017

Key Details

Sold Price $430,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,262 sqft

Price per Sqft $190

Subdivision Spring Arts

MLS Listing ID 1003250901

Sold Date 06/29/17

Style Other

HOA Y/N N

Abv Grd Liv Area 2,262

Originating Board TREND

Year Built 1918

Annual Tax Amount $3,799

Tax Year 2017

Lot Size 1,041 Sqft

Acres 0.02

Lot Dimensions 17X60

Property Description

1126 Green St: Gross Annual Income = $30,000, Gross Rent Multiplier = 13.3 Whatever you want to call this neighborhood; whether it's Spring Arts, East Fairmount, Liberties West or NoLoDi (North Loft District), this duplex rental property at 1126 Green consistently attracts excellent, long-term tenants. This is an ideal property for an investor seeking a stable/turn-key rental property with a solid maintenance and tenant track record. This 3-story duplex contains a first-floor studio ($1000/month under lease until 5/31/18) and a bi-level 1 bedroom apartment ($1500/month under lease until 6/30/18). Tenants pay gas and electricity. Units each feature central air, high-efficiency washer/dryer, h/w floors, bathrooms with custom made sink vanities made from vintage wooden tables. The studio has sturdy, built-in cabinets/pantry, stainless steel sink/cooking work table, and private outside patio. The bi-level unit has working fireplace, sunny, open living room, elevated kitchen space with separate dining area, bonus office/meditation room adjoining 3rd-floor bedroom, loft-style storage and 3rd floor, south-facing outside roof garden accessible by sliding doors- large wooden deck could easily fill this space. Property draws professionals and students from Temple, Hahnemann, Einstein and Community College of Philadelphia. Tenants enjoy easy access to I-676 and Broad Street Lines. Nearby offerings include neighborhood bars/restaurants like The Institute, Prohibition Taproom, Wazobia African dining and Bufad wood-fired Pizza as well as music venue Union Transfer. Tenants also enjoy proximity to Reading Terminal Market and Chinatown.

Location

State PA

County Philadelphia

Area 19123 (19123)

Zoning RM1

Rooms

Other Rooms Primary Bedroom

Basement Full

Interior

Hot Water Natural Gas

Heating Gas

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Laundry Washer In Unit, Dryer In Unit, Has Laundry

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type None

Garage N

Building

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 141248310

Ownership Fee Simple

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Bright MLS (BMLS)
Listed by Jeanne A Whipple • Coldwell Banker Realty
Bought with Linsen Sam Cao • Triamond Realty
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