$800,000
$849,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
2,400 SqFt
SOLD DATE : 02/23/2023
Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $333
Subdivision Passyunk Square
MLS Listing ID PAPH2162670
Sold Date 02/23/23
Style Other
Abv Grd Liv Area 2,400
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $8,800
Tax Year 2023
Lot Size 1,040 Sqft
Acres 0.02
Lot Dimensions 16.00 x 65.00
Property Description
Rare opportunity to own a pristinely kept triplex right in the heart of Philadelphia's East Passyunk district. The classic brick front corner property is situated less than a block from Broad Street. A short walk to all of the shopping, entertainment, and dining that East Passyunk Avenue is known for. The property also features a side entry garage space with extra room for storage or a workshop/studio. Inside the 3 story structure, you will notice a nice blend of original character and modern mechanicals. The first floor features a spacious 1 bedroom, 1 bath apartment with an extra large kitchen and plenty of light. The second floor has a 2 bedroom, 1 bath apartment with a spacious deck included. Up on the 3rd floor, you will find another 2 bedroom, 1 bath apartment with a perfect layout for roommates. The semi-finished basement is currently set up as a common area for the tenants. Washer, Dryer, and plenty of storage space for each tenant. This investment opportunity is turn-key with the potential to bring rents to market rate to increase returns. See attached financials and projections.
Location
State PA
County Philadelphia
Area 19148 (19148)
Zoning RSA5
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Radiant
Cooling Central A/C
Flooring Wood, Fully Carpeted, Tile/Brick
Fireplace N
Heat Source Natural Gas
Exterior
Garage Additional Storage Area, Covered Parking, Garage - Side Entry
Garage Spaces 1.0
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Attached Garage 1
Total Parking Spaces 1
Garage Y
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 394524200
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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Bought with Chris DiBiase • KW Philly
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "