$215,000
$265,000
18.9%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
2 Baths
2,272 SqFt
SOLD DATE : 02/18/2020
Key Details
Sold Price $215,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,272 sqft
Price per Sqft $94
Subdivision Temple University
MLS Listing ID PAPH837714
Sold Date 02/18/20
Style Straight Thru
Bedrooms 7
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 2,272
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $3,313
Tax Year 2020
Lot Size 1,300 Sqft
Acres 0.03
Lot Dimensions 16.25 x 80.00
Property Description
Freshly renovated, large 3 story home located in close proximity to Temple University. Upon entry to the first floor, you ll find an open floorplan design with living space and open kitchen, soft-close shaker cabinetry, Granite countertops, stainless steel appliance package, and a dedicated laundry closet with machines included. In the rear, you ll find two nicely sized ground level bedrooms, full bathroom with shower and a beautiful concreate fenced in yard. The next level features 3 bedrooms, large bathroom with a tub and exposed brick walls. On the top level, you ll discover 2 additional bedrooms. All bathrooms feature gorgeous tile, and modern vanities & hardware. Home features durable luxury vinyl flooring throughout and high traffic carpet on the staircases. A full height, clean unfinished basement houses all brand new mechanical systems - high efficiency heating system, 2 new 50-gallon water heaters, and 200AMP electrical service with new panel. Home was fully gutted - everything is brand new. Perfect for a student rental or a large family. Property will generate a projected $3,000-$3,500 in monthly revenue, based upon a range of $450- $500 per bedroom. This equates to $36,000 - $42,000 of yearly gross revenue. After expenses, an investor should be able to attain a 9-10% CAP rate. 10-year rehabilitation tax abatement has been applied for and pending approval. All figures are projected and not guaranteed. Buyer s must exercise their own due diligence. Property is currently vacant and ready to show on lockbox. Please contact Nathan nateinden@gmail.com with any questions or offers.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RSA5
Rooms
Basement Water Proofing System, Sump Pump, Improved
Main Level Bedrooms 7
Interior
Heating Forced Air
Cooling Wall Unit
Equipment Built-In Microwave, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - High-Efficiency
Appliance Built-In Microwave, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater - High-Efficiency
Heat Source Electric
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Story 3+
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Level or Stories 3+
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Pets Allowed Y
Senior Community No
Tax ID 322007000
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, FHA, Other
Listing Terms Cash, Conventional, FHA, Other
Financing Cash,Conventional,FHA,Other
Special Listing Condition Standard
Pets Description No Pet Restrictions
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