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Key Details
Sold Price $1,250,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $781
Subdivision Olney
MLS Listing ID PAPH984324
Sold Date 04/29/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1942
Annual Tax Amount $1,733
Tax Year 2021
Lot Size 2,091 Sqft
Acres 0.05
Lot Dimensions 19.91 x 105.00
Property Description
Multi-unit opportunity in North Philadelphia, offering 13 units in the heart of Oak Lane. This property features 3 consecutive buildings with 4 units in each as well as an additional un it on the end cap. Each of these two bedroom and 1 bathroom units have been recently updated. These are historically sought after apartments that include garage parking, washer dryer hookups in the lower level and a large amount of lawn space that wraps around the building. Under the current ownership, substantial capital improvements have been made including updated kitchens and bathrooms, upgrades in the hallways and common areas both inside and out as well as new HVAC and hot water heaters. This property would be ideal for a seasoned investor to add to their portfolio or for a first time investor looking to build a portfolio with a solid income producing property.
Location
State PA
County Philadelphia
Area 19120 (19120)
Zoning RSA5
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Water Access N
Accessibility None
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 421464800
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Ansar I Toor • Keller Williams Real Estate-Langhorne