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Key Details
Sold Price $485,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,264 sqft
Price per Sqft $113
Subdivision Bustleton
MLS Listing ID 1000864125
Sold Date 01/30/18
Style Other
HOA Y/N N
Abv Grd Liv Area 4,264
Originating Board TREND
Year Built 1990
Annual Tax Amount $4,439
Tax Year 2017
Lot Size 5,794 Sqft
Acres 0.13
Lot Dimensions 77X75
Property Description
BIG Price Reduction! Rarely offered Quadplex in Bustleton which was rebuilt in 1990 (as per Seller), where each unit offers separate entrance, 2BRs, 1.5 Bathrooms, AND a finished basement. Rents are considerably under market to these long term tenants (10+ years) so there is plenty of room for an improved cap rate. Each unit has it's own central heating/Air conditioning & electric utilities, parking space, and exterior recreation area. All 4 units are in updated/move-in condition, the roof was recently installed, and each unit is well kept by the respective Tenants. Located in highly desirable Bustleton neighborhood in the Great Northeast, this property screams opportunity for the savvy Investor and Owner Occupant. Seller is now offering to split the building by selling units A & B together for $299,900, and units C & D together for $319,900. The property resides within walking distance to public transportation, shopping malls, Route 1, and area schools. This is a "must see" property.
Location
State PA
County Philadelphia
Area 19115 (19115)
Zoning RTA1
Rooms
Other Rooms Primary Bedroom
Basement Full, Fully Finished
Interior
Hot Water Natural Gas
Heating Gas, Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Laundry Has Laundry
Exterior
Garage Spaces 4.0
Fence Other
Waterfront N
Water Access N
Roof Type Shingle
Accessibility None
Parking Type Driveway
Total Parking Spaces 4
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 581012900
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Kevin Gilmore • RE/MAX Keystone
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