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Key Details
Sold Price $246,600
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,784 sqft
Price per Sqft $138
MLS Listing ID PAPH2371400
Sold Date 11/18/24
Style Traditional
Abv Grd Liv Area 1,784
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $1,872
Tax Year 2024
Lot Size 1,376 Sqft
Acres 0.03
Lot Dimensions 16.00 x 86.00
Property Description
Excellent investment opportunity! This triplex in Carroll Park is being sold as an income-producing asset with the potential to raise rents, perfect for seasoned investors or those looking to start their real estate portfolio. This 3 unit property boasts $3,050/month in rental income and generates a larger return than other properties sold in the neighborhood. With 30% expenses, this triplex is being offered at an 8.7% cap rate, making this a safe investment with a healthy return. 1333 N 60th St is on the market along with 2 duplexes from the same seller - 5548 Master St and 5415 Master St. Priced at under $100,000/door, this property can be sold on its own or as a package. Book your tour today and see how these properties can be a great fit to help grow your portfolio!
Location
State PA
County Philadelphia
Area 19151 (19151)
Zoning RM1
Interior
Hot Water Electric, Natural Gas
Heating Radiant
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas, Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 342189900
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Jason Kleinman • SDG Management, LLC
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Bob Gauger
Broker Associate | License ID: 312506
Broker Associate License ID: 312506