$85,000
$94,900
10.4%For more information regarding the value of a property, please contact us for a free consultation.
1,608 SqFt
SOLD DATE : 06/06/2016
Key Details
Sold Price $85,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,608 sqft
Price per Sqft $52
Subdivision Belmont
MLS Listing ID 1002684898
Sold Date 06/06/16
Style Other
HOA Y/N N
Abv Grd Liv Area 1,608
Originating Board TREND
Year Built 1916
Annual Tax Amount $448
Tax Year 2016
Lot Size 1,314 Sqft
Acres 0.03
Lot Dimensions 16X80
Property Description
Looking for an awesome income producing property, or a large owners suite with first floor unit to help pay your mortgage, or unique single-family home, look no further! This Belmont property is currently being used as a multi-unit with 1 unit on the first floor which includes 1 bedroom, living room, eat-in kitchen, bathroom and laundry/mud room with access to the large fenced yard. The 2nd and 3rd floor feature 4 bedrooms, 1 full bathroom and a kitchen. The property received several updates about 1 year ago which included a new kitchen on the first floor, updated bathroom on first floor, new carpet, the roof was re-coated, and more. The first floor unit is currently rented month-to-month for 750 with the owner paying utilities. The 2nd and 3rd floor bedrooms were being rented weekly with rental rates ranging from 110-115/week. When the property was fully occupied, the owner's rent roll was 2500/month. Owner left rooms empty in order to sell, but can fill easily, if needed. Great location close to Universities, parks, Kelly Drive and so much more. The opportunities are endless with this property. This is a great investment to add to your rental portfolio, or a great opportunity for owner occupants. Property can be delivered occupied or vacant. Schedule your showing today! (Please note, the owner believes the property is currently zoned as single family)
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RM1
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished
Interior
Hot Water Natural Gas
Heating Gas, Forced Air
Cooling None
Fireplace N
Heat Source Natural Gas
Laundry None
Exterior
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 062052100
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 Peter Ross • Plumer & Associates Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "