$680,000
$719,900
5.5%For more information regarding the value of a property, please contact us for a free consultation.
2,346 SqFt
SOLD DATE : 11/09/2018
Key Details
Sold Price $680,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,346 sqft
Price per Sqft $289
Subdivision Newbold
MLS Listing ID 1007084398
Sold Date 11/09/18
Style Other
HOA Y/N N
Abv Grd Liv Area 2,346
Originating Board TREND
Year Built 1923
Annual Tax Amount $2,128
Tax Year 2018
Lot Size 1,085 Sqft
Acres 0.02
Lot Dimensions 16X70
Property Description
ATTENTION INVESTORS and FIRST-TIME HOME BUYERS! 46k NOI - 6.4 CAP! This is a rare opportunity to own a gorgeous and high performing zoned Triplex in Newbold, complete with 6 years left on the tax abatement. This building was completely gutted and rebuilt 4 years ago with all the latest modern finishes. Tenants pay electric (separate), owner pays water. No Gas! All units are 2br/1ba. Unit 1 (1480) features HW/Lam Floors, Dedicated Central HVAC, Dedicated HW, Granite and Stainless Steel Kitchen with Soft Close Cabinets, Custom Tile Bath, and sole access to a small Backyard. Unit 2 (1350) has a similar layout to Unit 1, but with a Larger living area and one Large and another smaller bedroom. Unit 3 (1500) has the largest living area and bedrooms. The common access basement includes tile floors, finished walls and ceilings, Coin-op Laundry (60/mo) and a locked and dedicated storage room for each apartment. Building also includes a Sprinkler and Intercom system.
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning RSA5
Direction North
Rooms
Other Rooms Primary Bedroom
Basement Full, Fully Finished
Interior
Interior Features Ceiling Fan(s), Sprinkler System
Hot Water Electric
Heating Electric, Forced Air
Cooling Central A/C
Flooring Tile/Brick, Laminated
Fireplace N
Window Features Energy Efficient
Heat Source Electric
Laundry Common
Exterior
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
High Schools South Philadelphia
School District The School District Of Philadelphia
Others
Tax ID 365362300
Ownership Fee Simple
Security Features Intercom
Acceptable Financing Conventional, FHA 203(b)
Listing Terms Conventional, FHA 203(b)
Financing Conventional,FHA 203(b)
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 Ben Finelli • RE/MAX Ready
GET MORE INFORMATION