$1,155,000
$1,245,000
7.2%For more information regarding the value of a property, please contact us for a free consultation.
3,150 SqFt
SOLD DATE : 10/06/2017
Key Details
Sold Price $1,155,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,150 sqft
Price per Sqft $366
Subdivision Powelton Village
MLS Listing ID 1000428429
Sold Date 10/06/17
Style Other
HOA Y/N N
Abv Grd Liv Area 3,150
Originating Board TREND
Year Built 1915
Annual Tax Amount $4,549
Tax Year 2017
Lot Size 3,000 Sqft
Acres 0.07
Lot Dimensions 25X120
Property Description
Investor alert!! Construction completed and all three units now leased! Do not miss out on an over 7 percent cap rate for this newly renovated triplex in the Powelton Village area of University City. $100k plus in gross rents, 10 year tax abatement and signed leases! Old meets new in this completely renovated and converted Victorian mansion in the historically admired Powelton Village! This historic building was renovated to provide private outdoor space with each apartment, a pet grooming station in basement, shared rear yard, full floor apartments, additional private storage, restored stain glass vestibule entrance, and a revitalized front porch. All within blocks of University of Pennsylvania Hospital, Penn Medicine facilities, Penn Presby, CHOP, Drexel University, Science Center, uCity Square, the Art Museum Area, Kelly Drive, Schuykill River Trail, 30th Street Station and much more. Classic detail inside and out mixes seamlessly with modern design and convenience. Each unit includes open concept design, outdoor space for entertaining, split bedroom layout with private master suite, sprawling designer kitchen with island seating, stainless steel appliances, high efficiency washer/dryer, Grohe kitchen and bathroom fixtures, wide plank wood floors and sleek European tile, warm and stylish lighting and high ceilings. Easy to street park nearby! Ideal University City location will make this one easy to rent for years! Reap the benefits of this cash cow with tremendous appreciation potential!
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RTA1
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished
Interior
Interior Features Sprinkler System
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Wood
Fireplace N
Heat Source Natural Gas
Laundry Washer In Unit, Dryer In Unit
Exterior
Fence Other
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 241077600
Ownership Fee Simple
Security Features Security Gate
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Haiyan Lin • Canaan Realty Investment Group
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.