$183,300
$179,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
1,622 SqFt
SOLD DATE : 11/18/2024
Key Details
Sold Price $183,300
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,622 sqft
Price per Sqft $113
MLS Listing ID PAPH2371428
Sold Date 11/18/24
Style Traditional
Abv Grd Liv Area 1,622
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $848
Tax Year 2024
Lot Size 1,256 Sqft
Acres 0.03
Lot Dimensions 16.00 x 81.00
Property Description
Excellent investment opportunity! This duplex in Carroll Park is being sold as an income-producing asset with the potential to raise rents, perfect for seasoned investors or those looking to start their real estate portfolio. This property currently has a month-to-month lease in one of the units, making this an ideal opportunity for a buyer looking to live in one of the apartments and rent out the other. 5548 Master St is on the market along with 2 other properties from the same seller - 1333 n 60th St and 5415 Master St. Priced at under $100,000/door, this property can be sold on its own or as a package. With 30% expenses, this duplex is being offered at an 8.19% cap rate, making this a safe investment with a healthy return. Book your tour today and see how these properties can be a great fit to help you build wealth!!
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RSA5
Interior
Hot Water Electric
Heating Central
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 041227800
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Jason Kleinman • SDG Management, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "