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Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,036 sqft
Price per Sqft $60
Subdivision Hunting Park
MLS Listing ID PAPH803438
Sold Date 08/08/19
Style Other
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 1,036
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $652
Tax Year 2020
Lot Size 881 Sqft
Acres 0.02
Lot Dimensions 14.33 x 61.50
Descripción de la propiedad
This property is being SOLD ONLY AS PART OF A PACKAGE DEAL that includes 13 single family homes and a multi-family property - all of which are located in Philadelphia. The single-family homes range from 3 bedroom 1 bath to 4 bedroom 1.5 bath. The breakdown is showcased in the attached documentation. This portfolio has 100% occupancy and offers tremendous value with an annual gross income of $161,652.00 with a 9%+ cap rate. You'll see from the attached proforma that the annual gross income can be substantially increased by converting 6 of the 14 units to PHA rentals and increasing rent on the 3 of the 9 units currently on PHA. This would increase the cash flow return to over 20%! All buyers are required to showcase proof of funds/pre-approval to gain access to sample properties to view. MLS #PAPH803404, PAPH803432, PAPH803438 and PAPH803694 are included in this sale and are a representation of the variety of properties included in this portfolio.
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning RM1
Interior
Heating Radiator
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Senior Community No
Tax ID 433239900
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with James D McAteer • Keller Williams Real Estate - Bensalem