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Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,412 sqft
Price per Sqft $153
Subdivision Temple University
MLS Listing ID PAPH1015594
Sold Date 08/18/21
Style Bi-level
HOA Y/N N
Abv Grd Liv Area 3,412
Originating Board BRIGHT
Year Built 2013
Annual Tax Amount $1,802
Tax Year 2021
Lot Size 800 Sqft
Acres 0.02
Lot Dimensions 15.00 x 53.31
Property Description
CURRENTLY RENTED FOR $4200 a month (historically $4600-4800 but seller took lower rents in order to stay fully occupied during Covid) . A few blocks from Temples University Campus, this 6 year old new construction duplex will start printing money the day you purchase. Each unit in this duplex features oak hardwood floors, spacious kitchens with granite countertops high end cabinetry, appliances, tile bathrooms and generous sized bedrooms. The 1st floor unit will have access to a rear patio. The second floor unit will come complete with oversized family room accentuated with Juliette balcony. All utilities are electric and each unit is separately metered for electric heating and a/c. The only responsibility of the owner will be cold water, taxes and Insurance. The value continues with 5 1/2 years remaining on the 10 yearTax Abatement. Each unit was constructed with a utility room with washer and dryer and has a sprinkler system for added safety. This truly is a turnkey investment that offers extreme value. Photos are examples of the finishes from an identical building.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Hot Water Electric
Heating Forced Air, Central
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility 36\"+ wide Halls
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Bi-level
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 471157600
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Karl J Klotzbach • Coldwell Banker Realty