$265,000
$276,500
4.2%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
2,450 SqFt
SOLD DATE : 09/13/2019
Key Details
Sold Price $265,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,450 sqft
Price per Sqft $108
Subdivision Temple University
MLS Listing ID PAPH787658
Sold Date 09/13/19
Style Contemporary
Bedrooms 6
Full Baths 3
HOA Y/N N
Abv Grd Liv Area 2,450
Originating Board BRIGHT
Annual Tax Amount $182
Tax Year 2020
Lot Size 680 Sqft
Acres 0.02
Lot Dimensions 14.16 x 48
Property Description
Freshly renovated, large 3 story home located in close proximity to Temple University. Upon entry to the first floor, you ll find an open floorplan design with living space and wraparound kitchen with bar seating, soft-close shaker cabinetry, Calacatta quartz countertops, stainless steel appliance package, and more. In the rear, you ll find a nicely sized ground level bedroom and full bathroom with shower.The next level features 2 bedrooms, large bathroom with tub, and a dedicated laundry closet - machines included. On the top level, you ll discover 3 additional bedrooms and a full bathroom with shower. All bathrooms feature slate gray floor tile, subway tiled shower/tub walls, and modern vanities & hardware. Home features durable engineered wood flooring throughout and high traffic carpet on the staircases. A full height, clean unfinished basement houses all brand new mechanical systems - high efficiency heating & AC system, new 80 gallon water heater, and 200AMP electrical service with new panel. Home was fully gutted - everything is brand new. Perfect for a student rental or a large family. Property will generate a projected $2,700-$3,000 in monthly revenue, based upon a range of $450- $500 per bedroom. This equates to $32,400 - $36,000 of yearly gross revenue. After expenses, an investor should be able to attain a 9-10% CAP rate. Current annual taxes for 2019 show approximately $174.61 according to the OPA website. 10 year rehabilitation tax abatement has been applied for. All figures are projected and not guaranteed. Buyer s must exercise their own due diligence. Property is currently vacant and ready to show on lockbox. Please contact co-listing agent, Daniel Kostinsky at danielk@thesomersteam.com with any questions or offers.
Location
State PA
County Philadelphia
Area 19132 (19132)
Zoning RSA5
Rooms
Basement Unfinished
Main Level Bedrooms 1
Interior
Interior Features Floor Plan - Open
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Equipment Stainless Steel Appliances
Appliance Stainless Steel Appliances
Heat Source Electric
Laundry Upper Floor
Exterior
Fence Rear, Wood
Waterfront N
Water Access N
Roof Type Rubber
Accessibility None
Garage N
Building
Story 3+
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories 3+
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Senior Community No
Tax ID 161227100
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, Other
Listing Terms Cash, Conventional, FHA, Other
Financing Cash,Conventional,FHA,Other
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Daniel Kostinsky • Keller Williams Philadelphia
1619 Walnut St 4th FL, Philadelphia, PA, 19103, United States