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Key Details
Sold Price $565,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $117
Subdivision Lower Moyamensing
MLS Listing ID 1003280327
Sold Date 12/15/17
Style Other,Converted Dwelling
HOA Y/N N
Abv Grd Liv Area 4,800
Originating Board TREND
Year Built 1925
Annual Tax Amount $4,187
Tax Year 2017
Lot Size 2,400 Sqft
Acres 0.06
Lot Dimensions 48X50
Property Description
TURN KEY, CASH FLOWING INVESTMENT!!!!! Amazing opportunity for a contractor or investor in the Lower Moyamensing area of Philadelphia. Spanning three addresses long, this building is 48 feet wide and contains almost a 2,000/SF garage on the first floor that is currently occupied by an HVAC company. Upstairs are 3 turn-key, occupied 1 bedroom apartments that were all recently renovated and bringing in great income. This property will cash flow from the gate. It is currently generating over 51K gross income per year with more potential! It is a LEGAL 5 UNIT BUILDING, that currently houses 3 apartments and one commercial garage. There is an additional raw space that can legally be converted into another residential unit to generate more income. The possibilities are endless. The occupant in the garage can stay or go, depending on terms of the sale.
Location
State PA
County Philadelphia
Area 19148 (19148)
Zoning RSA5
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Electric
Heating Gas, Electric, Forced Air, Radiator, Baseboard
Cooling Central A/C, Wall Unit
Flooring Wood, Fully Carpeted, Vinyl, Tile/Brick
Fireplace N
Heat Source Natural Gas, Electric
Laundry Washer In Unit, Dryer In Unit, Has Laundry, None
Exterior
Parking Features Garage Door Opener, Oversized
Garage Spaces 9.0
Water Access N
Roof Type Flat
Accessibility None
Attached Garage 4
Total Parking Spaces 9
Garage Y
Building
Sewer Public Sewer
Water Public
Architectural Style Other, Converted Dwelling
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 394119900
Ownership Fee Simple
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Bought with Patrick G Campbell • BHHS Fox & Roach Rittenhouse Office at Walnut St
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