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Key Details
Sold Price $200,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,739 sqft
Price per Sqft $115
MLS Listing ID PADE2072500
Sold Date 10/11/24
Style Victorian
Abv Grd Liv Area 1,739
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $6,173
Tax Year 2023
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 50.00 x 150.00
Property Description
Investment opportunity awaits! Welcome to 550 13th Ave a Victorian triplex located in the heart of Prospect Park. This unique property offers two 1-bedroom, 1-bathroom units, and an efficiency unit, each with its own distinct features. Unit 1: This ground-floor unit invites you with an enclosed front porch, leading to a spacious living room, a cozy bedroom, a dining room, and a quaint kitchen. The unit also includes a full bathroom and access to the basement. Currently vacant and awaiting your personal touch for a full rehab, Unit 1 offers endless possibilities for customization. Unit 2: Situated on the second floor, this unit boasts a comfortable bedroom, a welcoming living room, a full bathroom with a clawfoot tub, and an eat-in kitchen. Accessed from the rear of the home, Unit 2 is currently occupied by a long-term tenant paying $800/month on a month-to-month lease, ensuring immediate rental income. Unit 3: The third-floor efficiency unit is also vacant and ready for rehab. With its compact layout, it provides a perfect opportunity for additional rental income. The property includes driveway parking for Units 1 and 2, and a shared laundry facility in the basement adds convenience for all residents. This Victorian triplex is. brimming with potential, making it an ideal investment for those looking to capitalize on rental income while restoring a piece of architectural history. Don’t miss the opportunity to make 550 13th Ave your next profitable venture. This house is being sold “as-is” with the buyer being responsible for obtaining the use & occupancy from the borough.
Location
State PA
County Delaware
Area Prospect Park Boro (10433)
Zoning RES
Rooms
Basement Unfinished
Interior
Hot Water Electric
Heating Radiant
Cooling Window Unit(s)
Fireplace N
Heat Source Oil
Exterior
Water Access N
Accessibility None
Garage N
Building
Lot Description Front Yard, Rear Yard
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Victorian
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Interboro Senior
School District Interboro
Others
Tax ID 33-00-02126-00
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Anthony James Cerullo • Foraker Realty Co.