Philadelphia, PA 19147,1212 FEDERAL ST
Philadelphia, PA 19147,1212 FEDERAL ST
Philadelphia, PA 19147,1212 FEDERAL ST
$340,000
Est. payment /mo
$429,000
20.7%
Est.Price: ?

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2,016 SqFt
SOLD DATE : 02/16/2024

Key Details

Sold Price $340,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,016 sqft

Price per Sqft $168

Subdivision East Passyunk Crossing

MLS Listing ID PAPH2309324

Sold Date 02/16/24

Style Straight Thru

Abv Grd Liv Area 2,016

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $1,990

Tax Year 2023

Lot Size 890 Sqft

Acres 0.02

Lot Dimensions 15.00 x 60.00

Property Description

If you're in search of a triplex to renovate and transform into a profitable investment, look no further than 1212 Federal Street. This property is ideally located just two blocks away from both Broad Street and East Passyunk Avenue, making it highly desirable for potential tenants. Upon entering the building, you'll find the first-floor unit, which currently offers 1 bedroom, 1 bathroom, and a spacious rear patio. The second and third-floor units feature 2 bedrooms and 1 full bathroom each. Additionally, the third floor provides access to the roof via stairs. The unfinished basement spans the entire property, providing ample storage space for tenants. After renovations, Unit 1 has the potential to generate $1500 or more per month, while Units 2 and 3 could bring in $1900 or more each. 1212 Federal Street boasts a highly walkable location, with easy access to the best restaurants in the area and convenient transportation options. With its desirable location and potential for rental income, this property is worth considering for your next project. Being sold "as-is."

Location

State PA

County Philadelphia

Area 19147 (19147)

Zoning RSA5

Rooms

Basement Unfinished

Interior

Hot Water Electric

Heating Radiant

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 021272100

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Katherine McCann • KW Empower
Bought with Katherine McCann • KW Philly

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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