$480,000
$515,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
2 Baths
1,870 SqFt
SOLD DATE : 11/29/2016
Key Details
Sold Price $480,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,870 sqft
Price per Sqft $256
Subdivision University City
MLS Listing ID 1002504064
Sold Date 11/29/16
Style Contemporary
Bedrooms 5
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 1,870
Originating Board TREND
Year Built 1917
Annual Tax Amount $4,374
Tax Year 2016
Lot Size 1,349 Sqft
Acres 0.03
Lot Dimensions 17X81
Property Description
Investor alert! Over 8 percent cap rate in University City! Rare turnkey investment opportunity with development upside! Wonderful 5 Bedroom, 2 Bath house close to Penn's campus, currently rented by UPenn students at 3,950 per month. Within blocks of campus, restaurants, bars, shops, movie theater, grocery store and much more. Less than a block from the 40th Street station stop on Market-Frankford Line. Newly renovated in 2015! First floor features an open concept living room and brand new kitchen. Two bathrooms on second floor are completely redone with modern finishes and large tile showers and floors. Property features five spacious bedrooms with tons of closet space. Side-by-side washer and dryer in basement with a generous area for storage. Tons of outdoor space including a front porch, rear patio and a 3rd floor rear deck with tremendous views of the Philadelphia skyline and adjacent park. Easy to street park nearby! Reap the benefits of this cash cow while sitting on long-term upside! Tremendous appreciation potential and favorable current zoning for large scale development! Ask about our other pre-MLS University City opportunities.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning CMX4
Rooms
Other Rooms Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1
Basement Full, Unfinished
Interior
Interior Features Breakfast Area
Hot Water Natural Gas
Heating Gas, Hot Water
Cooling Wall Unit
Equipment Disposal
Fireplace N
Appliance Disposal
Heat Source Natural Gas
Laundry Basement
Exterior
Exterior Feature Deck(s), Patio(s), Porch(es)
Waterfront N
Water Access N
Accessibility None
Porch Deck(s), Patio(s), Porch(es)
Garage N
Building
Story 3+
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories 3+
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Senior Community No
Tax ID 271137600
Ownership Fee Simple
Acceptable Financing Conventional, VA, Private, FHA 203(b), USDA
Listing Terms Conventional, VA, Private, FHA 203(b), USDA
Financing Conventional,VA,Private,FHA 203(b),USDA
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Bought with Martin W Goldfarb • BHHS Fox & Roach At the Harper, Rittenhouse Square
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "