$300,000
$325,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
2,808 SqFt
SOLD DATE : 04/12/2023
Key Details
Sold Price $300,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 2,808 sqft
Price per Sqft $106
Subdivision Hunting Park
MLS Listing ID PAPH2159238
Sold Date 04/12/23
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $1,037
Tax Year 2022
Lot Size 2,100 Sqft
Acres 0.05
Lot Dimensions 21.00 x 100.00
Property Description
Completely licensed and legalized 8 bedroom rooming house! Opportunities like this are far and few between. Professionally upgraded, maintained and managed for the last 15 years, this cash cow is ready for new ownership. All systems and utilities are in great working order and the cosmetics are clean and fresh. New carpet was just installed in the common hallways and the bedrooms are recently painted. The first floor has two bedrooms, a full bathroom, the kitchen, laundry room, and access to the yard and basement. There is also a storage closet in the front of the building for maintenance materials. The second and third floors each have 3 bedrooms and a full bathroom. Increase the current rent roll with amenities such as furniture and TVs to maximize the potential of this building. North Broad St is poised for huge growth in the future with Temple Hospital and the revitalization of Broad and Erie with the 138 room Marriott Hotel in the Beury Building. Don't miss this opportunity!
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning RSA3
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Ceiling Fan(s)
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Rubber
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 132007300
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Mark Masih • Compass RE
Specializing in buyer, seller, tenant, and investor clients. We sell heart, hustle, and a whole lot of homes.
Nettles and Co. is a Philadelphia-based boutique real estate team led by Brittany Nettles. Our mission is to create community by building authentic relationships and making one of the most stressful and intimidating transactions equal parts fun, comfortable, and accessible.