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Key Details
Sold Price $430,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,720 sqft
Price per Sqft $115
Subdivision Temple University
MLS Listing ID PAPH2236790
Sold Date 08/18/23
Style Other
Abv Grd Liv Area 3,720
Originating Board BRIGHT
Year Built 2011
Annual Tax Amount $6,490
Tax Year 2022
Lot Size 1,712 Sqft
Acres 0.04
Lot Dimensions 16.00 x 107.00
Property Description
Great student housing investment opportunity. This near new construction ( 11 year old ) 3 unit building has been legally zoned for 11 UNIT ROOMING HOUSE! The property's 11 rooms are broken down as follows.
Unit A- 2 bedroom 2 bath, Unit B- 4 bedroom 4 full bath, Unit C- 5 bedrooms 5 baths. That is a total of 11 bedrooms and 11 full baths. Every bedroom has a private bath. Each of the 3 units has a custom gourmet kitchen with stainless steel microwave, refrigerator, stove and dishwasher. Each of the 3 units has stackable washer and dryer in unit. Each of the units has real Hardwood floors in the kitchen and common living area. All the 11 bathrooms are in ceramic tile. Each unit has central air. Unit B has private rear fenced yard. 11.5% CAP RATE !! - unit c total rent = $2500 unit b rent= $2000 Unit a rent = $975 This is a rare find. A new construction 11 bed 11 bath legal rooming house.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Interior Features Ceiling Fan(s), Sprinkler System
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Wood, Fully Carpeted
Equipment Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked
Fireplace N
Appliance Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked
Heat Source Electric
Exterior
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 371284701
Ownership Fee Simple
SqFt Source Assessor
Security Features Security System
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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Bought with Sin S Su • Realty Mark Cityscape-King of Prussia