For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $285,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,184 sqft
Price per Sqft $130
Subdivision Temple University
MLS Listing ID 1003642053
Sold Date 01/30/17
Style Other
HOA Y/N N
Abv Grd Liv Area 2,184
Originating Board TREND
Year Built 1920
Annual Tax Amount $4,150
Tax Year 2016
Lot Size 1,139 Sqft
Acres 0.03
Lot Dimensions 14X81
Property Description
Temple University Area Cash flowing triplex with under market rents: Investors, this is a great opportunity to purchase a Temple University main campus cash-flowing triplex. The building is fully occupied with gross monthly rents of $2,335. Rents are on the low end of the market and upon lease renewals can be increased by approximately $315 bringing the gross monthly rent to $2,650. Tenants pay their own electric and there is no gas service to the property. Each unit in this building features 3 bedrooms, 1 bathroom, hardwood floors, laundry access, and sun soaked rooms with large windows. Walking distance to Temple University, and surrounded by public transportation routes, this building is a convenient lease for students. The first floor unit features a fenced-in back yard. The building is professionally managed so tenant acquisition, rent collection, repairs, and cash flow accounting are taken care of for the owners. Professional management will continue with new ownership if desired. Call today to schedule a showing!
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Other Rooms Primary Bedroom
Basement Partial
Interior
Hot Water Electric
Heating Electric
Cooling Wall Unit
Fireplace N
Heat Source Electric
Laundry Washer In Unit, Dryer In Unit, Has Laundry
Exterior
Water Access N
Accessibility 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 471310200
Ownership Fee Simple
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Michael R. McCann • BHHS Fox & Roach-Center City Walnut