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Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,100 sqft
Price per Sqft $137
Subdivision Temple University
MLS Listing ID 1002755778
Sold Date 10/18/16
Style Other
HOA Y/N N
Abv Grd Liv Area 5,100
Originating Board TREND
Year Built 1915
Annual Tax Amount $2,030
Tax Year 2016
Lot Size 1,092 Sqft
Acres 0.03
Lot Dimensions 15X73
Property Description
These two side-by-side Temple University duplexes are freshly renovated, occupied and cash flowing. All you have to do is start collecting checks. With a grand total of 15 bedrooms, 6 full bathrooms and finished basements, these multifamily properties are currently rented for a total of $6,850 per month, and will increase to $7,000 per month with a new lease starting August 1st, 2016. Units are in the process of being re-leased for next semester. Tenants pay their own heat/ac, hot water and cooking (all electric). These buildings have been completely rehabbed with new electric, new plumbing, new kitchens (granite/stainless), new bathrooms, new hardwood floors, new drywall, trim and paint, newer windows, newer roofs, washers/dryers and finished basements. All work was done with permits, and everything was inspected and approved by the city of Philadelphia. Each building is properly zoned for 2 units. Great deals like this don't stick around for long, so set up an appointment ASAP! Must sell buildings together. Owner is a licensed PA and NJ Realtor
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Other Rooms Primary Bedroom
Basement Full
Interior
Hot Water Electric
Heating Electric, Forced Air
Cooling Central A/C
Flooring Wood, Tile/Brick
Fireplace N
Window Features Replacement
Heat Source Electric
Laundry Washer In Unit
Exterior
Fence Other
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Stone
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 471239600
Ownership Fee Simple
Acceptable Financing Conventional, VA, USDA
Listing Terms Conventional, VA, USDA
Financing Conventional,VA,USDA
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Bought with Matin Haghkar • RE/MAX Plus