$530,000
$575,000
7.8%For more information regarding the value of a property, please contact us for a free consultation.
2,574 SqFt
SOLD DATE : 11/16/2016
Key Details
Sold Price $530,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,574 sqft
Price per Sqft $205
Subdivision Queen Village
MLS Listing ID 1002443996
Sold Date 11/16/16
Style Other
HOA Y/N N
Abv Grd Liv Area 2,574
Originating Board TREND
Year Built 1917
Annual Tax Amount $3,697
Tax Year 2016
Lot Size 986 Sqft
Acres 0.02
Lot Dimensions 18X55
Property Description
Fantastic investment opportunity in a prime Queen Village location! This grand triplex was renovated just 10 years ago, and offers a one bedroom unit and two, two bedroom units. The first floor offers 1 bedroom, 1 bath, separate entrance, open living room and kitchen with hardwood floors and oak cabinetry, two hallway closets, bedroom with carpeting, and a private yard. The second unit offers 2 bedrooms, 1 bath, open living room and kitchen with hardwood floors and plenty of windows in every room. The third floor unit features 2 bedrooms, 1 bath, an open living room and kitchen with wood floors, maple cabinetry and bar counter, a hallway closet, in-unit utility closet and 2 bedrooms with carpeting, closets and windows. The common basement is accessible from the street and offers storage space, coin-operated laundry, 4 electric hot water tanks (1 for each unit, paid by tenant, and 1 for the laundry, paid by landlord), 2 gas hot air heaters with central air (for the 1st & 2nd floors), 4 electric meters (1 for each unit and 1 for the common hall) and 4 gas meters (1 for each unit and 1 for the basement laundry). Owner pays bills for common laundry electric and gas and common hallway electric. Tenants pay for gas hot air heat with central air and electric hot water. This property is located in one of Philadelphia's most desirable neighborhoods, convenient to parks, shops, restaurants, bars, cafes, transportation and more. Excellent long-term blue Chip investment property located in prime Queen Village location. All units are self-contained an excellent opportunity to increase rents overtime.
Location
State PA
County Philadelphia
Area 19147 (19147)
Zoning RM1
Rooms
Other Rooms Primary Bedroom
Basement Full
Interior
Hot Water Natural Gas
Heating Gas
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Laundry Common
Exterior
Waterfront N
Water Access N
Accessibility None
Garage N
Building
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 022104000
Ownership Fee Simple
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Bought with Richard Q Li • Liberty Real Estate
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.