$724,000
$775,000
6.6%For more information regarding the value of a property, please contact us for a free consultation.
3,728 SqFt
SOLD DATE : 10/29/2019
Key Details
Sold Price $724,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,728 sqft
Price per Sqft $194
Subdivision Temple University
MLS Listing ID PAPH815220
Sold Date 10/29/19
Style Traditional
HOA Y/N N
Abv Grd Liv Area 2,951
Originating Board BRIGHT
Year Built 2019
Annual Tax Amount $1,015
Tax Year 2020
Lot Size 1,127 Sqft
Acres 0.03
Lot Dimensions 15.00 x 75.16
Property Description
Check out this new construction duplex that is fully leased out and ready to cash-flow for the 2019-2020 school year at Temple University! With maximized rents, this building will make a great addition to your investment portfolio or be a great starter investment with leases already in place! The lower unit consists of 4 bedrooms and 3 full bathrooms. The upper unit features 6 bedrooms and 5 full bathrooms, as well as a roof top deck! The units boast open floor plans, wood flooring throughout, and feature modern, high-end finishes, custom tile work, central air/heat, and best of all, a great return on investment. The 10 year tax abatement has been approved by the city. The property is already leased for the 2019-2020 school year and has a total gross income of $78,480. This student-filled block is a great location and is a quick walk to Temple's main campus!
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Basement Other
Interior
Interior Features Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Sprinkler System
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Hardwood, Ceramic Tile, Wood, Tile/Brick
Equipment Built-In Microwave, Cooktop, Dishwasher, Dryer, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
Fireplace N
Appliance Built-In Microwave, Cooktop, Dishwasher, Dryer, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer, Water Heater
Heat Source Electric
Exterior
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction Y
Schools
School District The School District Of Philadelphia
Others
Tax ID 321206702
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with ERIC Andrew Dvotsky • BHHS Fox & Roach-Center City Walnut
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