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Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,315 sqft
Price per Sqft $241
MLS Listing ID PAPH2258700
Sold Date 11/20/23
Style Other
Abv Grd Liv Area 3,315
Originating Board BRIGHT
Year Built 2017
Annual Tax Amount $2,239
Tax Year 2023
Lot Size 2,070 Sqft
Acres 0.05
Lot Dimensions 25.00 x 85.00
Property Description
This cash flowing three-unit property sits in the coveted 19122 zip code, just a short stroll away from the bustling shops, eateries, and coffee shops of Frankford Ave and Fishtown, and steps away from the Piazza and Northern Liberties. Unit #1 is a split-level unit with three bedrooms and three bathrooms, includes a large living space with rear yard, and is rented for $1950/month with a lease ending on 7/28/24. Unit #2, a two-bedroom, one and a half-bathroom unit, featuring a large layout with wrap-around kitchen and rear deck, which is leased for $1500/month, through 7/3/24. Unit #3 has two bedrooms and two bathrooms, plus exclusive access to a private roof deck offering spectacular cityscape views, rented for $1600/month with the lease expiring on 6/27/24. The building, built in 2017, provides ownership with several options: keep it as a high cash flowing rental property, live in one unit while leasing the others, or transform the property into three condominiums for individual sale. Each unit has been well maintained since completing and features high ceilings, private outdoor areas, recessed lighting, intercom systems, and abundant natural light. The property still has about four years left on its tax abatement. 3D tours available in the video section, pro-forma available upon request.
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning RM1
Interior
Hot Water Other
Heating Other
Cooling Central A/C
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 141056010
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Tom Englett • BHHS Fox & Roach At the Harper, Rittenhouse Square
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