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Key Details
Sold Price $155,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,368 sqft
Price per Sqft $113
Subdivision Ogontz
MLS Listing ID PAPH804294
Sold Date 09/30/19
Style Straight Thru
Bedrooms 3
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 1,368
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $1,424
Tax Year 2020
Lot Size 1,360 Sqft
Acres 0.03
Lot Dimensions 16.00 x 85.00
Property Description
Investor alert! 3 beds, 1 bath fully rented investment opportunity 1 block from La Salle University. Currently rented out at 1,500 per month, all utilities are paid by tenants including the water/sewer, generating positive cash flow. At asking price this property has an amazing 9% cap rate, with just a little updating rent could be increased to 2,000 a month yielding a 12.4% cap rate. This property has low taxes, replaced windows, hardwood floors/ceramic tile throughout, full basement, off street parking and an attached garage. The location makes renting very easy; you will never need to worry about vacancies!
Location
State PA
County Philadelphia
Area 19141 (19141)
Zoning RM1
Rooms
Basement Full
Interior
Interior Features Dining Area, Floor Plan - Open
Hot Water Electric
Heating Radiator
Cooling Window Unit(s)
Flooring Ceramic Tile, Hardwood
Fireplaces Number 1
Equipment Dryer, Refrigerator, Washer, Oven/Range - Gas, Dishwasher
Fireplace Y
Appliance Dryer, Refrigerator, Washer, Oven/Range - Gas, Dishwasher
Heat Source Natural Gas
Laundry Basement
Exterior
Parking Features Garage - Rear Entry
Garage Spaces 1.0
Utilities Available Cable TV, Water Available, Sewer Available, Natural Gas Available
Water Access N
Roof Type Rubber
Accessibility None
Attached Garage 1
Total Parking Spaces 1
Garage Y
Building
Story 2
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Level or Stories 2
Additional Building Above Grade
Structure Type Dry Wall
New Construction N
Schools
Elementary Schools Joseph Pennell
Middle Schools Theodore Roosevelt
High Schools Germantown
School District The School District Of Philadelphia
Others
Pets Allowed Y
Senior Community No
Tax ID 172336500
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash
Horse Property N
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
Pets Allowed Cats OK, Dogs OK
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Bought with Stanley J Prajzner • Blough Realty