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Key Details
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,055 sqft
Price per Sqft $304
Subdivision Spring Garden
MLS Listing ID 1002385700
Sold Date 07/15/16
Style Other
HOA Y/N N
Abv Grd Liv Area 2,055
Originating Board TREND
Year Built 1936
Annual Tax Amount $4,535
Tax Year 2016
Lot Size 855 Sqft
Acres 0.02
Lot Dimensions 15X56
Descripción de la propiedad
Here is a great investment property. This four unit mixed use property consists of a laundromat and barber shop on the 1st floor and 2 one bedroom apartments on the 2nd and 3rdfloors, respectively. The building is fully occupied with a strong rental and income history. The laundromat business is included with the sale. The laundromat is self-operating and requires no staff. Under a special arrangement with Maytag, new units (14 washers and 14 dryers) were installed in 2014. In addition, Maytag does all the equipment servicing for which they take a percentage. There are separate electric and gas meters for each unit. Two water meters exist for the laundromat and all other units combined. Landlord provides water. Income provided here is net of the arrangement with Maytag.
Location
State PA
County Philadelphia
Area 19130 (19130)
Zoning RSA5
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished
Interior
Interior Features Store/Office
Hot Water Natural Gas
Heating Gas, Hot Water
Cooling None
Flooring Wood, Tile/Brick
Fireplace N
Heat Source Natural Gas
Laundry None
Exterior
Water Access N
Roof Type Flat
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 871087500
Ownership Fee Simple
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Bought with Jason L Rabinovich • Philadelphia Luxury Realty LLC
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