$2,400,000
$2,500,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
2,898 SqFt
SOLD DATE : 10/10/2016
Key Details
Sold Price $2,400,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,898 sqft
Price per Sqft $828
Subdivision Powelton Village
MLS Listing ID 1002429960
Sold Date 10/10/16
Style Other
HOA Y/N N
Abv Grd Liv Area 2,898
Originating Board TREND
Year Built 1930
Annual Tax Amount $4,905
Tax Year 2016
Lot Size 1,564 Sqft
Acres 0.04
Lot Dimensions 17X92
Property Description
Rare opportunity to purchase a DREXEL UNIVERSITY PORTFOLIO of stabilized properties in ultra-prime Powleton Village locations in close proximity to campus. This student housing portfolio has historically been 100% occupied and is currently 100% occupied and 100% rented through the 2016/2017 school year. These renovated properties feature updated kitchens/baths and have been well maintained by current ownership. This package is turnkey with years of historical data available upon request. Gross Ann Inc ? $253,000. NOI approx. $193,000. 30 beds total in portfolio.
Location
State PA
County Philadelphia
Area 19104 (19104)
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
Parking Type On Street
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 241223200
Ownership Fee Simple
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Frank L DeFazio • BHHS Fox & Roach-Center City Walnut
GET MORE INFORMATION