Bought with Eric Prine • Compass Pennsylvania, LLC
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Key Details
Sold Price $685,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $274
MLS Listing ID PAPH2129446
Sold Date 07/29/22
Style A-Frame
Abv Grd Liv Area 2,500
Year Built 2022
Annual Tax Amount $307
Tax Year 2022
Lot Size 1,120 Sqft
Acres 0.03
Lot Dimensions 16.00 x 70.00
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
Incredible investment opportunity in one of the hottest markets in the city! Priced to sell with tons of new construction filling the entire block. This brand new triplex earns $63,000 in yearly income. This is truly a no-brainer at a rare 9% cap rate or for an owner-occupier who will potentially live for free. Also, take advantage of 10-year tax abatement to add to your savings and profits. This amazing opportunity is located merely one block away from public transportations for easy access to the entire city and only a few minutes drive from the heart of Northern Liberties, Fishtown, and all the attractions there.
Unit 1 features 2 bedrooms and 1.5 bathrooms. Unit 2 features 3 bedrooms and 1 bathroom. Unit 3 features 3 bedrooms and 1.5 bathrooms. All units are equipped with brand new stainless steel appliances such as stove, microwave, fridge, and dishwasher along with custom-built cabinetry, quartz counter-tops, garbage disposal, washer/dryer, and security/intercom systems. They also feature high-end finishes in the bathrooms, spacious rooms, and hardwood floors throughout.
Do not let this opportunity pass you by! Make it yours.
Location
State PA
County Philadelphia
Area 19133 (19133)
Zoning RM1
Rooms
Basement Partial
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Equipment Built-In Microwave, Dryer - Electric, Intercom, Stove, Washer, Disposal
Appliance Built-In Microwave, Dryer - Electric, Intercom, Stove, Washer, Disposal
Heat Source Electric
Exterior
Water Access N
Accessibility 2+ Access Exits
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style A-Frame
Additional Building Above Grade, Below Grade
New Construction Y
Schools
School District The School District Of Philadelphia
Others
Tax ID 311009600
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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