$365,000
$390,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
3,168 SqFt
SOLD DATE : 12/23/2016
Key Details
Sold Price $365,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,168 sqft
Price per Sqft $115
Subdivision Temple University
MLS Listing ID 1000032474
Sold Date 12/23/16
Style Other
HOA Y/N N
Abv Grd Liv Area 3,168
Originating Board TREND
Year Built 1917
Annual Tax Amount $485
Tax Year 2016
Lot Size 1,472 Sqft
Acres 0.03
Lot Dimensions 16X92
Property Description
Amazing ROI opportunity! Excellent cap rates. Fully renovated triplexes on Temple campus and 1/2 block from North Broad street Mega development sites!! North broad is appreciating rapidly with several mega improvements underway, Temple football field, Divine Lorraine, and dozens of private sector housing, mixed use and infrastructure improvements under way!! These large 3 and 4 bedroom units have high rents ($4500-$5000/month) and luxury finishes, including granite kitchens with stainless steel appliances, tile and hardwood flooring, central air, and much more. Also 10 YEAR TAX ABATEMENT WAS APPROVED IN 2014- super low taxes add to the excellent investment return. Both 2261 and 2311 Park ave are fantastic buys.....do the math, these deals work and will be great mid to long term investments. The city is booming, this neighborhood is on fire, just drive around and take a look! Annual taxes are only $485
Location
State PA
County Philadelphia
Area 19132 (19132)
Zoning RM1
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas
Heating Gas
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Laundry Has Laundry
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 371283100
Ownership Fee Simple
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Bought with Samuel Rifkin • Keller Williams Realty - Cherry Hill
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "