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Key Details
Sold Price $100,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,064 sqft
Price per Sqft $93
Subdivision Lawncrest
MLS Listing ID PAPH2220472
Sold Date 08/01/23
Style Traditional
Bedrooms 3
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 1,064
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $1,725
Tax Year 2022
Lot Size 960 Sqft
Acres 0.02
Lot Dimensions 15.00 x 64.00
Property Description
5954 Palmetto St is a charming and spacious 3 bedroom, 1 bathroom current rental unit located in the heart of Philadelphia, PA. This property is perfect for an investor looking to add an income producing property to their portfolio. This property brings in $950 a month and comes in at a 7.3% Cap rate based on current expenses. You can look at those in the documents section of the MLS. This property is also a part of a party package and can be sold together or separately from the package.
As you step into the unit, you are greeted by a bright and open living space that is perfect for entertaining guests or relaxing after a long day. The adjacent kitchen is equipped appliances, including a refrigerator, oven, and stove, providing you with all the amenities necessary to cook up a delicious meal. The kitchen is also designed with plenty of storage space, so you can keep your cooking essentials and groceries neatly organized. The bedrooms are located towards the back of the unit, providing a peaceful and private space to rest and recharge. Each bedroom is generously sized and features large windows, allowing for plenty of natural light to flow through. The bathroom is tastefully designed with contemporary finishes and includes a shower, toilet, and sink. The bathroom is spacious and well-lit, providing a comfortable and functional space for your everyday needs.
5954 Palmetto St is conveniently located in a vibrant and friendly neighborhood, with easy access to public transportation, shopping, and dining options. The property is also situated near several parks and green spaces, providing the perfect setting for outdoor activities and relaxation.
Overall, this 3 bedroom, 1 bathroom current rental unit is a fantastic opportunity for an investor to add to their portfolio.
Location
State PA
County Philadelphia
Area 19120 (19120)
Zoning RSA5
Rooms
Other Rooms Living Room, Dining Room, Kitchen
Basement Full
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Heat Source Natural Gas
Exterior
Parking Features Garage - Rear Entry
Garage Spaces 1.0
Water Access N
Accessibility None
Attached Garage 1
Total Parking Spaces 1
Garage Y
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Senior Community No
Tax ID 352289200
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 Justin Jarrell James • KW Philly