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Key Details
Sold Price $385,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,289 sqft
Price per Sqft $168
Subdivision Cedar Park
MLS Listing ID PAPH2289906
Sold Date 03/19/24
Style Unit/Flat
Abv Grd Liv Area 2,289
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $5,832
Tax Year 2023
Lot Size 1,680 Sqft
Acres 0.04
Lot Dimensions 16.00 x 105.00
Property Description
This University City Triplex is the perfect addition to an investor's portfolio, or an owner occupied investment for an individual . Located on a beautiful tree lined street, a mile from Upenn, shops and restaurants in University City and surrounding areas. Each unit is 1 bedroom 1 bath, each with attractive layouts to match any renter's needs. Unit 1 is currently vacant but ready for a tenant and has a large living space and kitchen, as well as an additional room that could double as a home office that leads to the backyard. Unit two is occupied and offers ample living, kitchen and dining space, as well as a large, light-filled bedroom with bay window. Unit 3 is currently occupied and is ideal for an individual or couple with functional space. Laundry in the basement, with three new water heaters, new roof, separate utilities, and additional upgrades made to the property. Value add opportunity. Current rent below market value. Property being sold in as-is condition. The owner has begun the process of getting zoned as a legal triplex. Currently renovated and used as a triplex. The previous owner did not close out permits with the city, and the current owner selling at a discount to account for the new owner assuming the process is already in progress. Contact the Listing agent for any additional information
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RSA5
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 462076700
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Francis Mangubat • Keller Williams Main Line
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Bob Gauger
Broker Associate | License ID: 312506
Broker Associate License ID: 312506