$287,000
$298,500
3.9%For more information regarding the value of a property, please contact us for a free consultation.
2,320 SqFt
SOLD DATE : 03/29/2024
Key Details
Sold Price $287,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,320 sqft
Price per Sqft $123
Subdivision Temple University
MLS Listing ID PAPH2263656
Sold Date 03/29/24
Style Trinity,Other
Abv Grd Liv Area 2,320
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $2,367
Tax Year 2023
Lot Size 1,312 Sqft
Acres 0.03
Lot Dimensions 16.00 x 82.00
Property Description
RARE OPPORTUNITY to own this very unique & large CORNER Multiunit (QUADPLEX / 4-Units) Rental Income Producing Property only a few blocks away from Temple University Medical & Pharmacy Schools! Take advantage of the opportunity before it's gone! This Property features a TOTAL of 4 bedrooms & 4 Full Bathrooms! It has a front roof covered porch & a large deck at the rear of the property! Plenty of natural lights shining throughout entire property to help you save on energy bills!
Unit 1 (Entire 1st Floor) consists of 1 Bedroom, 1 Full Bathroom, 1 Living Room & a very spacious kitchen! Entire Unit 1 has recently been renovated in July 2023 with brand new Pergo waterproof laminate hardwood floors throughout Living Room, Kitchen, Bathroom & Bedroom! Unit 1 enters into a good-size Living Room w/ beautiful Laminate Floors. Then you’ll enter to the Kitchen featuring Wood Cabinetry, Refrigerator, Cooktop, & Range Hood! It has a good size Full Bathroom that consists of a single vanity, toilet, tub & exhaust fan! There is a spacious bedroom at the rear of this Unit with Ceiling Fan! There is also a door at the rear to exit onto the large-size Deck at the rear of the property! From this Unit #1, you can also access into the very large & spacious unfinished basement! The basement has a utility area w/ a gas heater furnace (not being used) & gas hot water heater! There is also a utility sink with a washer hook-up.
Unit 2A (2nd Floor FRONT Unit) has also been recently renovated back in December 2022! Unit 2A brings you into a very spacious Kitchen w/ very nice Laminate Floors & it features plenty of Cabinetry, Refrigerator, Stove/Range & Range Hood! Then you’ll enter into a good-size Bedroom w/ Laminate Floors. There is an upgraded Full Bathroom consisting of a single vanity, toilet, tub, & large tile floors & tile shower walls!
Unit 2B (2nd Floor REAR Unit) has a Full Bathroom that consists of a single vanity, toilet, & stand-up shower stall! Then you’ll enter into a Kitchen w/ vinyl floors & it features plenty of White Cabinetry, Refrigerator, Stove/Range & Range Hood! Then you’ll enter into a good-size Bedroom w/ Vinyl Floors.
Unit 4 (3rd Floor) leads you into the Kitchen that consists of a Refrigerator, Stove/Range, & Range Hood! Then you’ll enter into a spacious Bedroom with vinyl floorings. Next to the Bedroom is a Full Bathroom that consists of a single vanity, toilet, & stand-up shower stall!
BRAND NEW Rubber Roof has been installed in October 2018 & entire roof has been silver-coated in May 2023! BRAND NEW Hot Water Heater has been installed in March 2021!
Unit 1 (Entire 1st Floor) is projected to being able to be rented for $1,100/mo!
Unit 2A (2nd Floor FRONT Unit) is renting for $600/mo!
Unit 2B (2nd Floor REAR Unit) is renting for $400/mo!
Unit 4 (3rd Floor) is renting for $500/mo!
Owner pays water (about $120-130/mo), electric for hallway & basement (about $35/mo.), & trash fee (about $300/yr).
So your investment possibilities are endless w/ this large CORNER Multiunit Property! Start off your new home or investment with this very low maintenance property w/ instant income generating from Day 1! Live in 1 Unit & Rent out the others to help cover your mortgage & potentially earning some cash flows! Property is being sold strictly in AS-IS condition! Septa bus stops & public transportation are easily accessible! Few blocks away from the Septa Orange Broad St. Subway Line! This property has a very good Walk Score of 89%! Minutes away from Temple Univ. Main Campus / Medical Schools / Pharmacy School & Hospital, Museum of Art, Franklin Institute, Convention Center, Penns Landing, & many more attractions! PRICED VERY COMPETITIVELY TO SELL!! Many First-Time Homebuyer's Programs available that can help you save! Available mortgage financing w/ very low down payment & there is a potential $8,000 FREE GRANT! Ask me how! Easy to show! ***INCLUDES 1 YEAR American Home Shield HOME WARRANTY
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning RM1
Rooms
Basement Daylight, Full, Full, Interior Access, Outside Entrance, Poured Concrete, Side Entrance, Unfinished, Walkout Stairs, Windows
Interior
Interior Features Breakfast Area, Built-Ins, Ceiling Fan(s), Floor Plan - Traditional, Kitchen - Eat-In, Stall Shower, Tub Shower
Hot Water Natural Gas
Heating Baseboard - Electric, Radiator
Cooling Ceiling Fan(s), Window Unit(s)
Flooring Laminated, Laminate Plank, Tile/Brick, Vinyl
Equipment Built-In Range, Cooktop, Oven/Range - Electric, Range Hood, Refrigerator, Washer/Dryer Hookups Only, Water Heater
Fireplace N
Appliance Built-In Range, Cooktop, Oven/Range - Electric, Range Hood, Refrigerator, Washer/Dryer Hookups Only, Water Heater
Heat Source Electric, Natural Gas
Exterior
Exterior Feature Porch(es), Deck(s)
Utilities Available Electric Available, Sewer Available, Water Available
Waterfront N
Water Access N
View Street
Roof Type Flat,Rubber
Accessibility None
Porch Porch(es), Deck(s)
Garage N
Building
Lot Description Corner
Foundation Brick/Mortar, Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Trinity, Other
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
Elementary Schools Mary Bethune School
Middle Schools Mary Bethune School
High Schools Mastery Charter School At Gratz
School District The School District Of Philadelphia
Others
Tax ID 432135200
Ownership Fee Simple
SqFt Source Assessor
Security Features Carbon Monoxide Detector(s),Smoke Detector,Fire Detection System
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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Bought with Blake C Morrison • Keller Williams Realty Devon-Wayne
1619 Walnut St 4th FL, Philadelphia, PA, 19103, United States