Philadelphia, PA 19140,1402 W PACIFIC ST
Philadelphia, PA 19140,1402 W PACIFIC ST
Philadelphia, PA 19140,1402 W PACIFIC ST
$53,000
Est. payment /mo
$59,999
11.7%
Est.Price: ?

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3 Beds
1 Bath
1,224 SqFt
SOLD DATE : 10/09/2020

Key Details

Sold Price $53,000

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,224 sqft

Price per Sqft $43

Subdivision Nicetown-Tioga

MLS Listing ID PAPH932924

Sold Date 10/09/20

Style Traditional

Bedrooms 3

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 1,224

Originating Board BRIGHT

Year Built 1930

Annual Tax Amount $671

Tax Year 2020

Lot Size 816 Sqft

Acres 0.02

Lot Dimensions 16.00 x 51.00

Property Description

Investor alert! Value add opportunity in the Temple Hospital District. This 3BR x 1BA end row home is currently rented, but has tremendous value add opportunity. In addition, this property is located in the Qualified Opportunity Zone (QOZ), giving investors direct access to the triple tax benefit incentive. Property is currently fully leased - collect $7.8K a year in rent/year or repair for a projected ARV of 90k! Strong rent growth and appreciation forecast in Temple Hospital area for years to come. Terrific opportunity for institutional investment firm, owner-occupied investors and millennial investors. Rates are low and now is the time to buy/invest in Philadelphia real estate.

Location

State PA

County Philadelphia

Area 19140 (19140)

Zoning RSA5

Rooms

Basement Unfinished

Interior

Hot Water Electric

Heating Forced Air

Cooling None

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility Doors - Lever Handle(s)

Parking Type On Street

Garage N

Building

Story 2

Sewer Public Sewer

Water Public

Architectural Style Traditional

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 131023900

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Aaron Lewis • Full Court Realty
Bought with Michael F Barrett • Coldwell Banker Hearthside Realtors

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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