Philadelphia, PA 19104,1236 S 45TH ST
Philadelphia, PA 19104,1236 S 45TH ST
Philadelphia, PA 19104,1236 S 45TH ST
Philadelphia, PA 19104,1236 S 45TH ST
Philadelphia, PA 19104,1236 S 45TH ST
Philadelphia, PA 19104,1236 S 45TH ST
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$499,000

$575,000

13.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

1,580 SqFt


SOLD DATE : 08/02/2021

Key Details

Sold Price $499,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,580 sqft

Price per Sqft $315

Subdivision Southwest Schuylkill

MLS Listing ID PAPH1019254

Sold Date 08/02/21

Style Traditional

HOA Y/N N

Abv Grd Liv Area 1,580

Originating Board BRIGHT

Year Built 1930

Annual Tax Amount $5,988

Tax Year 2021

Lot Size 1,552 Sqft

Acres 0.04

Lot Dimensions 16.00 x 97.00

Property Description

Location, location, location! Dont miss out on this fully-leased duplex that brings in $39k in annual income! Right across the street from University of the Sciences, and a short walk to the University of Pennsylvania main campus (700 meters). These units were renovated in 2015 and boast years of solid rental history with very high occupancy, and for good reason - the space and location are exceptional. Both units, which have the exact same layout, have spacious front porches with a beautiful view of the park. Each unit is complete with a large living area that extends into three bedrooms and a fully-upgraded kitchen with granite countertops, high-end cabinets, a tile backsplash and stainless steel appliances. Great income-producing property as is, however there are plenty of opportunities to add value by increasing square footage of existing units and even adding a third unit, as well as developing the unfinished basement. It is also within the UPenn enhanced forgivable loan catchment area. This property is zoned to legally allow 3 residential units. You can add a 3rd story convent to a triplex by right.

The house is less than a block away from Clark Park, arguably the best park in West Philly! They host tons of concerts and events during the summer, not to mention the Clark Park Farmers Market. Tenants are just a short stroll away from the beautiful Woodlands Community Garden. This is the perfect place to enjoy all the perks of city living while still having access to nature!

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RM1

Rooms

Basement Other

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 272148900

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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William Kane Halick, MBA

William Kane Halick, MBA

+1(973) 354-5000

Our team is ready to help you sell your home for the highest possible price ASAP


Bright MLS (BMLS)
Listed by Justin Bresson • Compass RE
Bought with George A Moscony • George A Moscony Real Estate
agent-avatar

Making real estate simple, fun and easy for you!

+1(973) 354-5000

bhalick@njhomesmart.com

1599 Hamburg Turnpike, Wayne, NJ, 07470

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