$270,000
$295,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
3,240 SqFt
SOLD DATE : 01/23/2024
Key Details
Sold Price $270,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,240 sqft
Price per Sqft $83
Subdivision Nicetown-Tioga
MLS Listing ID PAPH2272272
Sold Date 01/23/24
Originating Board BRIGHT
Year Built 1926
Annual Tax Amount $6,758
Tax Year 2022
Lot Size 3,910 Sqft
Acres 0.09
Lot Dimensions 23.00 x 170.00
Property Description
Located in the Nicetown/Tioga neighborhood, this 6-unit multi-family is zoned as RSA-3 and has an active rental license for 6 residential units. Each unit is well maintained and has laminate floors throughout except for the kitchen and bath which has tiles. This is a 3 story building with each floor containing two units. Each unit features a spacious living area, kitchen, 1 bedroom, and 1 bathroom. This can be a good opportunity to buy as an owner-occupant to live in one unit and have the other units cover your mortgage payment. This can also be purchased as an investment to add to your rental portfolio and increase your cash flows. Currently 5 out of the 6 units are occupied. Unit 1: $790/month - Unit 2: $740/month - Unit 3: $830/month - Unit 4: Vacant - Unit 5: $840/month - Unit 6: $800/month. Each tenant pays a $50 flat fee for water each month and they are responsible for the electricity. All utilities are separated as well.
Walk Score of 69, Transit Score of 80 & Bike Score of 56. Only nine minutes away from the BSL NRG Station to Fern Rock Transportation Center at the Erie Station - BSL stop. Nearby parks include Marcus Foster Memorial Stadium, Connie Mack Stadium, and Fernhill Park. Located in close proximity to Temple University Hospital.
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning RSA3
Interior
Hot Water 60+ Gallon Tank
Heating Baseboard - Electric
Cooling Wall Unit
Heat Source Electric
Exterior
Waterfront N
Water Access N
View Street
Accessibility None
Garage N
Building
Sewer Private Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 112099800
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, VA, Other
Listing Terms Cash, Conventional, FHA, VA, Other
Financing Cash,Conventional,FHA,VA,Other
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! "