$100,000
$115,000
13.0%For more information regarding the value of a property, please contact us for a free consultation.
1,160 SqFt
SOLD DATE : 04/14/2023
Key Details
Sold Price $100,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,160 sqft
Price per Sqft $86
Subdivision Haddington
MLS Listing ID PAPH2195314
Sold Date 04/14/23
Style Other
Abv Grd Liv Area 1,160
Originating Board BRIGHT
Year Built 1914
Annual Tax Amount $2,420
Tax Year 2022
Lot Size 1,022 Sqft
Acres 0.02
Lot Dimensions 15.00 x 67.00
Property Description
CALLING ALL INVESTORS: Perfect house hacking property to rent one unit and live in the other OR to ADD to your Investment Portfolio. BEST Priced Duplex in the area for the condition. Does Not need a gut rehab like otters in this price point. Rare find duplex updated 7 years ago. Does not need much but maybe some new laminate floors and a good cleaning. The numbers DO NOT LIE, currently you have a 9.5% cap rate. Bring the first floor rent up to market rent and you will have a 10.8% CAP RATE. Second floor signed a new lease at $800/mo. First floor is at $675 on a month-to-month basis but the unit will be delivered vacant to allow the new owner to get it up to market value rent. Property overall is in good and sound condition but being sold AS-IS. No repairs will be made. Cap Rate Analysis available upon request.
Location
State PA
County Philadelphia
Area 19139 (19139)
Zoning RSA5
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
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 042271000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA 203(k)
Listing Terms Cash, Conventional, FHA 203(k)
Financing Cash,Conventional,FHA 203(k)
Special Listing Condition Standard
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Bought with Ashley Collins • Tesla Realty Group, LLC
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