$735,000
$700,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
2,808 SqFt
SOLD DATE : 06/10/2024
Key Details
Sold Price $735,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,808 sqft
Price per Sqft $261
Subdivision University City
MLS Listing ID PAPH2322562
Sold Date 06/10/24
Style Victorian,Converted Dwelling
Bedrooms 5
Full Baths 3
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 2,808
Originating Board BRIGHT
Year Built 1935
Annual Tax Amount $8,633
Tax Year 2024
Lot Size 2,700 Sqft
Acres 0.06
Lot Dimensions 27.00 x 100.00
Property Description
Detached single home. Currently set up as a triplex with front porch and rear yard. Would be amazing as a single family home with significant character or a duplex or triplex for an owner occupant. This rare University City Single is in prime PAS Catchment Location. Beautiful character and excellent light. Central air and separated utilities. Updated electric. Newer Roofing. Fully occupied now but under-rented. Tenants’ lease structures offer maximum buyer flexibility for owner occupant. Eclectic, quirky character. Legally zoned for five units and currently configured for three.
The 1st floor is a spacious 1BR with high ceilings and tons of character. Central air. Separate utilities and systems. Nice rear yard. Currently rented through July 31st and then M2M with 90-day notice after that. Long-time tenant paying $1,000 month. Projected rent for $1,750-$1,900.
2nd floor—Incredibly sunny and loads of character. 2BR + family room and an awesome, enclosed sun patio, 1.5 bath bi-level apartment. Central Air (currently combined with Jr 1BR but easily separated). Also the option to utilize the rear yard from this unit instead of the 1st floor as there is direct access from the side gate. Currently rented at $1,900 (Tenant can be flexible with move-out). Projected rent for $2,500-$2,750.
3rd floor—Really nice Jr 1BR with awesome light. Maintain this unit as a separate residence or readily combine it with the 2nd floor bi-level to create a stellar 3BR (or 2BR + family room)/2.5 bath with sunroom! The systems and utilities are already combined for these two units. M2M tenant pays $850. Projected rent as-is $1,100-$1,200.
A superb home in an ideal location. Easy walk to Clark Park and its fabulous Farmers' Market, Knockbox Cafe, ReAnimator Coffee, Baltimore Avenue's Restaurant Row (so many places to eat), Penn Alexander Catchment School, Clarkville, Green Line, TacoTaco Mexican, Local 44 and the Bottle Shop, CVS, and so many coffee shops, restaurants, and shopping. Close to HUP, CHOP, Penn, Drexel, St Joe’s Science Campus . 10 minutes to Center City by car or bike and plenty of convenient SEPTA options. Perfect for the owner occupant, whether as a single family or income producing property. OFFERS PRESENTED MONDAY (3/4) AT NOON
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RSA3
Rooms
Basement Full, Unfinished, Outside Entrance
Main Level Bedrooms 1
Interior
Hot Water Natural Gas
Heating Forced Air, Baseboard - Electric, Zoned
Cooling Central A/C, Zoned
Flooring Wood
Fireplace N
Heat Source Electric, Natural Gas
Laundry Has Laundry
Exterior
Exterior Feature Porch(es), Patio(s)
Waterfront N
Water Access N
Accessibility None
Porch Porch(es), Patio(s)
Garage N
Building
Lot Description Rear Yard
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Victorian, Converted Dwelling
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Penn Alexander School
Middle Schools Penn Alexander School
School District The School District Of Philadelphia
Others
Senior Community No
Tax ID 881618350
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Asher Brooks Chancey • OCF Realty LLC - Philadelphia
1619 Walnut St 4th FL, Philadelphia, PA, 19103, United States