Philadelphia, PA 19140,3244 N 15TH ST

$140,000

$167,500

16.4%
Est.Price: ?

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Est. payment /mo

2,256 SqFt


SOLD DATE : 07/05/2016

Key Details

Sold Price $140,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,256 sqft

Price per Sqft $62

Subdivision Nicetown-Tioga

MLS Listing ID 1002672518

Sold Date 07/05/16

Style Other

HOA Y/N N

Abv Grd Liv Area 2,256

Originating Board TREND

Year Built 1929

Annual Tax Amount $1,298

Tax Year 2016

Lot Size 1,306 Sqft

Acres 0.03

Lot Dimensions 16X80

Property Description

GREAT OPPORTUNITY for immediate cash flow on turn-key operation with current 9% cap rate. This well-maintained triplex consists of 3 large 1-bedroom apartments currently rented to long-term tenants at below market rates. A savvy investor can easily increase the cap rate to 11% and enjoy a 21% ROI by making a few upgrades. Building has separate utilities, gas heat, new roof and updated mechanicals. Excellent location 2 blocks from Temple Health Sciences Campus. Near transportation and shopping. Don't miss out on this opportunity to get in on the ground floor in an area that is poised for development! Adjoining vacant lot (3246 N 15th Street) is included in the sale.

Location

State PA

County Philadelphia

Area 19140 (19140)

Zoning RSA5

Rooms

Other Rooms Primary Bedroom

Basement Full

Interior

Hot Water Natural Gas

Heating Gas

Cooling None

Fireplace N

Heat Source Natural Gas

Laundry None

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

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 112173205

Ownership Fee Simple

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Bright MLS (BMLS)
Listed by Barbara Schweizer • RentCampusOnline Inc.
Bought with April Fullam • Keller Williams Real Estate-Blue Bell
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