Philadelphia, PA 19111,7221 LORETTO AVE

$225,000

$245,000

8.2%
Est.Price: ?

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Est. payment /mo

1,578 SqFt


SOLD DATE : 02/02/2018

Key Details

Sold Price $225,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,578 sqft

Price per Sqft $142

Subdivision Castor Gardens

MLS Listing ID 1004118209

Sold Date 02/02/18

Style Other

HOA Y/N N

Abv Grd Liv Area 1,578

Originating Board TREND

Year Built 1962

Annual Tax Amount $2,203

Tax Year 2017

Lot Size 2,640 Sqft

Acres 0.06

Lot Dimensions 55X48

Property Description

GREAT INVESTOR OPPORTUNITY!!! Keep the current tenants, or live on one floor and let the rent pay your mortgage. This corner brick duplex is located in the heart of NE. Philadelphia, 2 blocks from Castor & Cottman. All new 200 amp electric with separate meters and new fire alarm all to Phila. code, (a $9000 upgrade). Some new drywall, freshly painted, updated baths, new concrete, new garage roof and 1 year warranty on the main house roof. Each unit is identical with 2 bedrooms and 1 bathroom, with nice size living rooms and eat-in kitchens. The basement has been refinished and can be used for additional storage, a laundry room, or, change the zoning, and rent out the basement for an additional $475/month income. Both units as well as the basement have separate electric. Newer heaters and Hot water heaters. Garage is currently rented out separately for an additional $135/mo., but with the new finishes can be rented for more. Nothing to do except to collect the rents which are under priced as there have been no increases in two years.

Location

State PA

County Philadelphia

Area 19111 (19111)

Zoning RSA3

Rooms

Other Rooms Primary Bedroom

Basement Full, Fully Finished

Interior

Interior Features Ceiling Fan(s)

Hot Water Natural Gas

Heating Gas, Baseboard

Cooling Wall Unit

Flooring Fully Carpeted, Vinyl

Fireplace N

Heat Source Natural Gas

Laundry None

Exterior

Garage Spaces 4.0

Utilities Available Cable TV Available

Water Access N

Roof Type Pitched,Shingle

Accessibility None

Attached Garage 1

Total Parking Spaces 4

Garage Y

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

High Schools Northeast

School District The School District Of Philadelphia

Others

Tax ID 532437710

Ownership Fee Simple

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

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Bright MLS (BMLS)
Listed by Holly Yablonovitz • BHHS Fox & Roach-Jenkintown
Bought with Richard L Machado • BHHS Fox & Roach-Art Museum
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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.

+1(215) 778-8444

brittany@nettlesandco.com

69 S Main St, Yardley, PA, 19067, USA

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