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Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,478 sqft
Price per Sqft $262
Subdivision Art Museum Area
MLS Listing ID PAPH1007206
Sold Date 06/30/21
Style Traditional
HOA Y/N N
Abv Grd Liv Area 2,478
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $6,624
Tax Year 2021
Lot Size 1,183 Sqft
Acres 0.03
Lot Dimensions 16.66 x 71.00
Property Description
Investors Dream! This home has been rented and expertly maintained by the same owner for 38 years who is a skilled carpenter and contractor! Fantastic and continuous rental history. Each unit has been stripped of any lead paint with beautiful wood features. Floors have been regularly refinished, new widows installed, and each unit is painted after each move out. The roof, mechanicals and all other aspects of this property have been expertly and routinely maintained. Custom cabinetry has been hand made in the upper kitchens as well as oversized custom closets in the bedrooms. Each unit has its own central air, hot water heater, heating unit and washer and dryer. All kitchens have dishwashers. Utilities are paid by tenants except for common area electric ($360 annually) and water ($780 annually) These amounts are calculated in the expenses listed below. Fully rented with great tenants and 6.22% cap rate . Each unit is in excellent condition! There are exterior Bilco doors at the front of house that open to a full length basement with high ceilings and lots of built in shelving ready to be used as convenient storage for a landlord/owner. Preview the photos of each 2 bedroom one bath unit with room descriptions. First floor unit has a spacious patio and the third floor unit offers a roof deck with fabulous views of the city and Girard College fields. Wonderful, easy to rent Fairmount location.
Location
State PA
County Philadelphia
Area 19130 (19130)
Zoning RM1
Rooms
Basement Other
Interior
Hot Water Natural Gas, Electric
Heating Forced Air, Heat Pump - Electric BackUp
Cooling Central A/C
Flooring Hardwood, Carpet, Ceramic Tile
Fireplace N
Heat Source Natural Gas, Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
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 152335100
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Andrew F Cheng • Keller Williams Realty - Cherry Hill