$415,000
$427,900
3.0%For more information regarding the value of a property, please contact us for a free consultation.
2,030 SqFt
SOLD DATE : 06/03/2023
Key Details
Sold Price $415,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,030 sqft
Price per Sqft $204
MLS Listing ID PAPH2215904
Sold Date 06/03/23
Style Unit/Flat
Abv Grd Liv Area 2,030
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $4,378
Tax Year 2022
Lot Size 1,357 Sqft
Acres 0.03
Lot Dimensions 16.00 x 84.00
Property Sub-Type Interior Row/Townhouse
Property Description
Welcome to 5215 Cedar Avenue, a DUPLEX RENOVATED in 2022-2023 NEAR UNIVERSITY CITY THAT IS AFFORDABLE AND WELL LOCATED! This is a great opportunity for either an Owner-Occupant to live in one unit and rent out the other, or for an Investor to rent out both units. The building has New Flooring throughout, Updated Cabinets and Countertops, and brand new Stainless Steel Appliances. Upgrades were also made to the Roof, Front Porch and Steps, and front aluminum capping. The building is All Electric, with New Mini Split Ductless Heating and Cooling. The Large Front Porch is perfect for West Philly living. The ground floor apartment, Unit 1, is a Large, 1,015 square foot 2 Bedroom with a big bathroom, a Washer and Dryer room, a Private Rear Yard with Stone To Be Added Soon (New Photos Coming) and sunlight aplenty. The Projected Rent is $1,500 monthly, maybe $1,550-$1,600. The unit has been purposefully left vacant in case the buyer is an owner-occupant. The second floor apartment, Unit 2, is the Same Size As Unit 1, but has 3 Bedrooms and a stackable Washer and Dryer. It is tenant-occupied for $1,550 monthly until 7/31/2023, but the Rent Could Likely Be Increased to $1,600. The property is WELL LOCATED Near Numerous Universities which provide a Great Tenant Pool, such as Saint Joseph University's University City Campus (formerly University of the Sciences), the University of Pennsylvania and Drexel University. It is Only 2 Blocks from Beautiful Malcolm X Park. It is just a few minutes walk northwest of the great restaurants, coffee and retail shops on Baltimore Avenue. The property is also close to major highways, several forms of public transit and numerous other parks. Seize this opportunity while you can!
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RM-1
Rooms
Basement Outside Entrance, Walkout Stairs, Unfinished
Interior
Interior Features Kitchen - Island, Upgraded Countertops, Built-Ins, Recessed Lighting, Crown Moldings, Window Treatments, Combination Dining/Living
Hot Water Electric
Heating Other
Cooling Ductless/Mini-Split
Equipment Stainless Steel Appliances, Built-In Microwave, Built-In Range, Refrigerator, Washer, Dryer
Fireplace N
Appliance Stainless Steel Appliances, Built-In Microwave, Built-In Range, Refrigerator, Washer, Dryer
Heat Source Electric
Exterior
Utilities Available Electric Available, Water Available, Sewer Available, Cable TV Available
Water Access N
Accessibility Doors - Swing In
Garage N
Building
Lot Description Rear Yard
Foundation Permanent
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 462046400
Ownership Fee Simple
SqFt Source Assessor
Security Features Main Entrance Lock,Smoke Detector,Carbon Monoxide Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with John J Gauntlett IV • Keller Williams Philadelphia
1619 Walnut St 4th FL, Philadelphia, PA, 19103, United States