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Key Details
Sold Price $362,500
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,970 sqft
Price per Sqft $184
Subdivision Philadelphia (Northeast)
MLS Listing ID PAPH2222124
Sold Date 05/23/23
Style Colonial
Abv Grd Liv Area 1,520
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $2,617
Tax Year 2022
Lot Size 1,311 Sqft
Acres 0.03
Lot Dimensions 16.00 x 82.00
Property Description
Fantastic Multi-Family Property West Mt Airy, Currently Set Up as a Duplex, However Zoned as a Triplex & Can Be Easily Changed Back to Triplex; This Property Has Been Completely Updated Inside, Including All Wiring, Electrical, Heating, Plumbing and More! This is NOT a Flip, This Home Has Been in the Owner’s Family For Over 40 Years, and the Owner Has Lived Here; When Recently Updated, The Property Was Updated to Be Used as a Duplex, However With a Few Minor Changes, the Property Can Be a Triplex; All Updates Were Personally Handled and Managed By Owner, No Cutting Corners For This Home! Fabulous Option For Someone Who Wants to Live on the First Floor and Rent Out the Upstairs Unit, Getting Some of Your Mortgage Paid For! This Property is a Great Addition to an Investor’s Portfolio, as the Rent Income For the Neighborhood is Above Average, the Expenses are Low, and Using an 8% Cap Rate, This Property is Worth the Asking Price and More as There is a Possibility to Make Some Minor Changes to Get The Home Back Into a Triplex, Since Currently the Home is Set Up as a Duplex; Ask For Cap Rate Worksheet; This Completely Updated First Floor Unit Has 2 Bedrooms, and 2 Baths, with the 2nd Bedroom and Full Bath Downstairs; This Floorplan is Great For People Who Need Their Space to Work and Need Privacy; The Downstairs of This Unit Could Be Used as a Bedroom, or Could Be An Office or a Man/Woman Cave, and Has the Utility Room with the Heater, and the Laundry Area with a Stackable Washer and Dryer; The Main Floor of this First Floor Unit Has a Beautifully Updated Kitchen, a Family Room with a Deep Storage Closet, a Large Bedroom with a Huge Walk-In Closet and a Full Bath; The Entire Unit Was Totally Updated with New Laminate Wood Floors; The Kitchen Has Tile Floors, Quartz Counters, Tile Backsplash & Stainless Steel Appliances; The Baths Have Floor to Ceiling Tile Walls and Tile Floors, Updated Lighting Fixtures and the Shower Walls Are Tile with a Built in Soap Dish, Rain Shower Head and a Handheld Shower Head; The Bedroom is a Good Size with A Huge Walk-in Closet; The Second Floor Unit Is Also Completely Updated with a Kitchen with Tile Floors, Quartz Counters, Tile Backsplash and Stainless Appliances; The Family Room is Off the Kitchen with Sliders to a Deck, Great to Relax After a Long Day at Work; The Unit Has 2 Bedrooms, 1 Very Large Bedroom with 3 Windows For Loads of Natural Light and 2 Double Door Closets, and the Other Bedroom is a Good Size with a Closet with a Closet Housing the Stackable Washer and Dryer; The Full Bath is Impressive with Tile Floors, New Vanity & Light Fixtures and a Walk-In Shower with Tile Walls and Floor; The Front Doors Have Been Updated as well as the Covered Front Porch, a Great Place to Relax; Steps From Outside to a Storage Area, Which Was the Entrance to the 3rd Unit, it is Now a Storage Area That Can Be Used for Both Units As it is Easily Accessible; Access to the Lower Level of the 1st Floor Unit Has Been Block Off, However Access Could Easily Opened Up; The Home Could Be Rented as a Triplex, with Lower Level Studio, Full Bath and Laundry Facilities, Main Floor with Bedroom, Bath Kitchen and Family Room, and 2nd Floor with Kitchen, Family Room, 2 Bedrooms, Stackable Washer/Dryer and a Full Bath; This Multi-Family Property Will Not Last!!! Certified Pre-Owned Home Has Been Pre-Inspected, Report Available in MLS Downloads, See What Repairs Have Been Made If Any!
Location
State PA
County Philadelphia
Area 19119 (19119)
Zoning RSA5
Interior
Interior Features Kitchen - Eat-In
Hot Water Natural Gas
Heating Forced Air
Cooling None
Flooring Fully Carpeted
Fireplace N
Window Features Energy Efficient
Heat Source Natural Gas
Exterior
Exterior Feature Porch(es)
Waterfront N
Water Access N
Accessibility None
Porch Porch(es)
Parking Type On Street
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 223042700
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Kalif Celestine • KW Philly