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Key Details
Sold Price $399,900
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,252 sqft
Price per Sqft $319
Subdivision Overbrook
MLS Listing ID PAPH967550
Sold Date 03/15/21
Style Other
HOA Y/N N
Abv Grd Liv Area 1,252
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $1,421
Tax Year 2020
Lot Size 1,620 Sqft
Acres 0.04
Lot Dimensions 18.50 x 87.56
Property Description
HOTTEST DEAL IN OVERBROOK PARK. Welcome to your income producing, turnkey, legally zoned, licensed triplex on a great block with ample street parking. Enjoy an immediate $2,800/mo income from three long term tenants (two on month to month leases), have kept up with their monthly payments during the pandemic and would prefer to stay. Looking for a free place to live? Stay in one of the modern units and let the other two pay your mortgage and still have money to save. The 1 BR/1BA unit is rented for $800, and the two 2BR/1BA units for $900 and $1,100 each. The rent may be increased as less modern neighborhood units are renting for 1BR-$900+ and 2BR-$1250+. The building was completely renovated in 2017 with new windows, HVAC units, water heaters, 300amp electrical system, plumbing, and appliances (included). The roof was also updated. Have confidence that the alarmed fire suppression system will protect your investment. Each unit has separate utility meters, entrances, and central air. Corner property with an ample (23"x18') fenced in rear patio is perfect for entertaining and leisure. Walk to nearby restaurants, Shop-Rite, Sav-A-Lot, or Belmont and Morris parks. SEPTA routes 10, 46, and G are nearby. Please note that the street level unit (approximately 775sf) is not included in the public records above grade Fin SQFT. For this reason the listing price of $192.40/sf shows as $311.50/sf. Virtual tours posted and available. Please respect your future tenants by providing 24hrs notice for showings.
Location
State PA
County Philadelphia
Area 19131 (19131)
Zoning RM1
Rooms
Basement Full
Interior
Hot Water Electric
Heating Forced Air, Hot Water
Cooling Central A/C
Heat Source Electric
Exterior
Exterior Feature Patio(s), Porch(es)
Water Access N
Accessibility 2+ Access Exits
Porch Patio(s), Porch(es)
Garage N
Building
Lot Description Corner
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 043288900
Ownership Fee Simple
SqFt Source Assessor
Security Features Sprinkler System - Indoor,Smoke Detector,Carbon Monoxide Detector(s)
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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Bought with Jonelle McDaniel • Super Realty Group Delco, LLC.