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Key Details
Sold Price $762,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,744 sqft
Price per Sqft $203
Subdivision Cedar Park
MLS Listing ID PAPH2123938
Sold Date 08/31/22
Style Other
Abv Grd Liv Area 2,832
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $1,539
Tax Year 2022
Lot Size 1,244 Sqft
Acres 0.03
Lot Dimensions 16.00 x 76.00
Property Description
4930 Florence Ave is a fully renovated Cedar Park triplex featuring three 2-bedroom units. The owner currently occupies the first-floor. In the first unit, there are 2 bedrooms and a full bath on the first floor, and then downstairs is a fully finished basement with a laundry room and another full bathroom. The basement is currently used as a den and has direct access to the fenced-in backyard. The second and third-floor units have similar layouts with two bedrooms at the front and back of the apartment, one full bathroom, and a washer/dryer. Each unit has eat-in kitchens with stainless steel appliances, vinyl plank hardwood flooring, and plenty of natural light. This beautiful corner triplex is currently fully rented out. There is currently a lease in place for the third-floor unit that will stay and is currently paying $1,600 a month. Proposed rents for all three units are: 1st floor: $1,900, 2nd floor: $1,650, 3rd floor: $1,600. A detailed investment breakdown is available in the document section of this listing. 7 years remain on the tax abatement. This information should be confirmed with OPA. Reach out today to schedule a private showing!
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RSA3
Rooms
Basement Fully Finished
Interior
Interior Features Combination Kitchen/Living
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Luxury Vinyl Plank
Equipment Dishwasher, Built-In Microwave, Refrigerator, Stainless Steel Appliances, Washer, Dryer
Window Features Bay/Bow
Appliance Dishwasher, Built-In Microwave, Refrigerator, Stainless Steel Appliances, Washer, Dryer
Heat Source Natural Gas
Exterior
Exterior Feature Patio(s)
Water Access N
Accessibility None
Porch Patio(s)
Garage N
Building
Foundation Other
Sewer Public Septic
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 511147000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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Bought with Ronit Caplan • Fifth Realty