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Key Details
Sold Price $508,500
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,906 sqft
Price per Sqft $266
Subdivision Newbold
MLS Listing ID 1005630196
Sold Date 11/03/18
Style Other
HOA Y/N N
Abv Grd Liv Area 1,906
Originating Board TREND
Year Built 2014
Annual Tax Amount $2,197
Tax Year 2018
Lot Size 960 Sqft
Acres 0.02
Lot Dimensions 16X60
Property Description
ATTENTION INVESTORS! $32k NOI - 6.4CAP! This is a rare opportunity to own a gorgeous and high performing zoned duplex in Newbold, complete with 6 years left on the tax abatement. All original tenants. This building was completely gutted and rebuilt 4 years ago with all the latest modern finishes. Tenants pay electric, owner pays water. No Gas! Unit 1 ($1440)features 2BR, 1BA, HW/Lam Floors, Central HVAC, Granite and Stainless Steel Kitchen with Soft Close Cabinets, Custom Tile Bath, Yard and sole access to a partially finished tile basement with High Ceilings and Laundry. Unit 2 ($1650) is Bi-Level 3BR, 2BA, HW/Lam Floors, Central HVAC, Granite and Stainless Steel Kitchen with Soft Close Cabinets, Custom Tile Bath, ROOF DECK, and sole outside access to basement for storage. Just off of Broad St, the property is in the heart of South Philly. As an owner occupied, you can enjoy the Mummers Parade on New Years and get to Center City, the Sports complex and Navy Yard in minutes. Walk to any of the hospitals in the area, or hop the Broad St line subway for a 5 min ride to Center City. A few blocks from Passyunk Square, new cafe across the street and walking distance to shopping, dining and cafes. Unit 1 tenant has a cat and dog. No pets in Unit 2.
Location
State PA
County Philadelphia
Area 19145 (19145)
Zoning RSA5
Direction South
Rooms
Other Rooms Primary Bedroom
Basement Partial
Interior
Interior Features Ceiling Fan(s)
Hot Water Electric
Heating Electric, Forced Air
Cooling Central A/C
Flooring Tile/Brick, Laminated
Fireplace N
Window Features Energy Efficient
Heat Source Electric
Laundry Washer In Unit, Dryer In Unit
Exterior
Utilities Available Cable TV Available
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Concrete Perimeter
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 261007600
Ownership Fee Simple
Security Features Intercom
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Ryan Stawasz • KW Philly
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