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Key Details
Sold Price $655,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,010 sqft
Price per Sqft $325
MLS Listing ID PAPH2331474
Sold Date 04/25/24
Style Unit/Flat
Abv Grd Liv Area 2,010
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $8,835
Tax Year 2022
Lot Size 848 Sqft
Acres 0.02
Lot Dimensions 17.00 x 50.00
Property Description
Exceptional Investment Opportunity in the Heart of Thriving Northern Liberties
Discover this remarkable triplex situated in the bustling neighborhood of Northern Liberties, conveniently close to the vibrant dining and entertainment scene of N Libs and Fishtown and across from Liberty Lands Park. Positioned on a coveted corner lot with ample space for multiple vehicles, this property promises both immediate income and exciting potential for future development.
This property boasts significant income potential, currently yielding $4,150 per month in rental income. With three well-maintained apartments, there's ample opportunity to enhance each unit and maximize rental returns, capitalizing on the area's ever-growing popularity.
Included in the sale is adjacent parking located at 303-305 Saint John Neumann Way, providing added convenience and value for tenants. Enjoy the advantages of a low-maintenance investment property, ensuring hassle-free ownership and streamlined operations.
With its expansive double lot, this property presents an enticing opportunity for development, catering to the neighborhood's increasing demand for modern living spaces.
Don't miss out on this rare chance to invest in one of Philadelphia's most coveted neighborhoods. Act swiftly to secure this prime income-producing property and unlock its full potential. Seize the opportunity to capitalize on Northern Liberties' dynamic lifestyle and thriving rental market.
OPA Act # 057193810 for 303-305 Saint John Neumann Way.
Location
State PA
County Philadelphia
Area 19123 (19123)
Zoning RSA5
Rooms
Basement Unfinished
Interior
Interior Features Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open, Recessed Lighting, Wood Floors
Hot Water Electric
Heating Hot Water
Cooling Wall Unit
Flooring Hardwood
Equipment Dishwasher, Dryer, Freezer, Oven/Range - Electric, Refrigerator, Washer
Fireplace N
Appliance Dishwasher, Dryer, Freezer, Oven/Range - Electric, Refrigerator, Washer
Heat Source Electric
Exterior
Garage Spaces 3.0
Waterfront N
Water Access N
View City
Street Surface Paved
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 3
Garage N
Building
Lot Description Corner
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 057079700
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Negotiable
Listing Terms Negotiable
Financing Negotiable
Special Listing Condition Standard
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Bought with Aaron Kai Silverman • KW Empower
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