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Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,046 sqft
Price per Sqft $190
Subdivision Art Museum Area
MLS Listing ID PAPH2234510
Sold Date 07/07/23
Style Traditional
Abv Grd Liv Area 2,046
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $6,838
Tax Year 2022
Lot Size 1,120 Sqft
Acres 0.03
Lot Dimensions 16.00 x 70.00
Property Description
ATTENTION INVESTORS AND CONTRACTORS!!!! Showings start Wednesday 5/31!! Make sure to request the VIRTUAL TOUR, FLOOR PLAN, and MARKETING PACKET! Don't miss your opportunity to own this Legal Triplex! Located in one of the best neighborhoods in the city, the Art Museum Area is just a few blocks from the Fairmount Commercial Corridor that has tons of restaurants, bars, coffee shops, and of course your local hardware store. This A+ location is also around the corner from Kelly Drive, Whole Foods, and Target. The property is being sold AS-IS, all leases have JUST ended, and it is ready for a quick turnaround! Each unit is separately metered for gas and electric, many aspects of the property have been updated (be sure to check out the disclosure for the list of upgrades/explanation of all defects)...this is the definition of an easy project, all of the available reports provide a clear picture of the condition and what is needed to bring the property back to perfect form. The first floor is set up as a 2 bedroom apartment with exclusive access to the rear patio, this unit has been demoed and ready for your finishing touches. The 2nd floor has a large 1 bedroom apartment and the 3rd floor has another nice sized 1 bedroom apartment. The property could be made larger! You could possibly expand the size of the 3rd floor unit, add additional square footage to the basement…the value-add potential here is unlimited! The rental market in Philadelphia is ABSOLUTELY BOOMING, with bidding wars on apartments everyday, this is a fantastic time to buy. Long-term cash flow potential is unlimited here! Don't wait long, this property will sell fast!!
Location
State PA
County Philadelphia
Area 19130 (19130)
Zoning TRIPLEX
Rooms
Basement Interior Access, Unfinished
Interior
Interior Features Floor Plan - Open, Recessed Lighting, Stall Shower, Tub Shower, Wood Floors, Entry Level Bedroom
Hot Water Natural Gas, Electric
Heating Radiator, Baseboard - Electric
Cooling Window Unit(s)
Flooring Hardwood, Ceramic Tile
Equipment Dishwasher, Disposal, Dryer - Electric, Oven/Range - Gas, Range Hood, Refrigerator, Washer
Appliance Dishwasher, Disposal, Dryer - Electric, Oven/Range - Gas, Range Hood, Refrigerator, Washer
Heat Source Natural Gas
Exterior
Exterior Feature Patio(s)
Waterfront N
Water Access N
View City
Accessibility None
Porch Patio(s)
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
Structure Type High
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 151258000
Ownership Fee Simple
SqFt Source Assessor
Security Features Carbon Monoxide Detector(s),Fire Detection System,Main Entrance Lock,Window Grills
Acceptable Financing Negotiable
Listing Terms Negotiable
Financing Negotiable
Special Listing Condition Standard
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Bought with Karl J Klotzbach • Coldwell Banker Realty