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Key Details
Sold Price $475,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,096 sqft
Price per Sqft $226
Subdivision University City
MLS Listing ID 1000027444
Sold Date 04/28/16
Style Other
HOA Y/N N
Abv Grd Liv Area 2,096
Originating Board TREND
Year Built 1917
Annual Tax Amount $3,995
Tax Year 2016
Lot Size 1,924 Sqft
Acres 0.04
Lot Dimensions 20X96
Property Description
Legal, tastefully updated, light-filled, high cash-flowing duplex with separated utilities, located directly across the street from 4 million square foot new development (University Square) in University City/Powelton Village. Fully-occupied with excellent tenants and bringing in gross annual rents of $40,500. Bona fide 7.4% cap rates (factoring in taxes, insurance & maintenance). Amenities include new granite/stainless kitchen, hardwood floors, very spacious interiors, multiple bay windows, expansive rooftop deck overlooking startlingly beautiful European courtyard, large landscaped back yard. Fantastic walkability to Drexel, UPenn and all major University City/Powelton amenities. Location is ideal for explosive growth, directly facing planned U City Square (4 million square feet of lab buildings, commercial & retail space, an urban grocery store, modern fitness center, ample parking, plus new elementary & middle schools.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RM1
Direction Southwest
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished
Interior
Interior Features Ceiling Fan(s)
Hot Water Natural Gas
Heating Gas, Forced Air
Cooling Wall Unit
Flooring Wood, Tile/Brick
Fireplace N
Heat Source Natural Gas
Laundry Washer In Unit, Dryer In Unit
Exterior
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Parking Type None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 241142200
Ownership Fee Simple
Acceptable Financing Conventional, VA, FHA 203(b)
Listing Terms Conventional, VA, FHA 203(b)
Financing Conventional,VA,FHA 203(b)
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Bought with Skye Michiels • Keller Williams Philadelphia
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