$500,000
$529,900
5.6%For more information regarding the value of a property, please contact us for a free consultation.
2,040 SqFt
SOLD DATE : 07/28/2022
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,040 sqft
Price per Sqft $245
Subdivision Temple University
MLS Listing ID PAPH2105886
Sold Date 07/28/22
Style Traditional
Abv Grd Liv Area 2,040
Originating Board BRIGHT
Year Built 2015
Annual Tax Amount $989
Tax Year 2022
Lot Size 981 Sqft
Acres 0.02
Lot Dimensions 16.00 x 61.00
Property Description
Do not miss this income-producing, off-campus student housing duplex at Temple University! This meticulously maintained property offers two 4 bedroom 2 bathroom units. The units feature oak hardwood floors, granite countertops, shaker cabinetry, tiled bathrooms, and a washer/dryer in each unit. The lower unit has a rear patio. Both units are fully leased for the 2022-2023 school year. The gross annual income for the 2022-2023 school year is $52,800 with estimated expenses at $8,905. With an estimated net operating income of $43,895, this building offers excellent investment value and will be a great addition to any investor’s portfolio! Schedule an appointment today!
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RSA5
Rooms
Basement Unfinished
Interior
Interior Features Kitchen - Eat-In, Kitchen - Table Space, Wood Floors, Combination Kitchen/Living, Stall Shower, Floor Plan - Open
Hot Water Electric
Heating Central
Cooling Central A/C
Equipment Washer, Dryer, Refrigerator, Built-In Microwave
Fireplace N
Appliance Washer, Dryer, Refrigerator, Built-In Microwave
Heat Source Electric
Exterior
Exterior Feature Patio(s), Balcony
Waterfront N
Water Access N
Accessibility None
Porch Patio(s), Balcony
Parking Type On Street
Garage N
Building
Foundation Concrete Perimeter
Sewer Other
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 321229801
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Maria Maria Quattrone Quattrone • RE/MAX @ HOME
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "