Philadelphia, PA 19120,552 E LOUDEN ST
Philadelphia, PA 19120,552 E LOUDEN ST
Philadelphia, PA 19120,552 E LOUDEN ST
$280,000
Est. payment /mo
$285,000
1.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1,214 SqFt
SOLD DATE : 08/24/2023

Key Details

Sold Price $280,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,214 sqft

Price per Sqft $230

Subdivision Feltonville

MLS Listing ID PAPH2254888

Sold Date 08/24/23

Style Straight Thru

Abv Grd Liv Area 1,214

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $1,928

Tax Year 2022

Lot Size 2,836 Sqft

Acres 0.07

Lot Dimensions 53.00 x 107.00

Property Description

Welcome to 522 E Louden Street in the vibrant Feltonville Neighborhood of Philadelphia, PA. This remarkable triplex is not just any ordinary property; it's a golden opportunity waiting to be seized by an astute investor like yourself.

This property boasts three exceptional units, each with a thoughtfully designed flat-type layout. Let's delve into the details and uncover the immense potential within this gem.

Ascending to the top floor, you'll find a spacious and inviting 2-bedroom unit awaiting its next tenant. Currently vacant, this unit presents an ideal opportunity for you to secure a monthly rental income of $950. Imagine the returns you'll enjoy, effortlessly bolstering your investment portfolio.

Continuing our tour, the first floor unveils yet another 2-bedroom unit, currently occupied by a reliable tenant on a month-to-month lease. Generating a steady stream of $825 per month, this unit adds stability and immediate cash flow to your investment.

But the allure doesn't stop there. Descending to the basement, you'll discover a charming studio unit, already occupied by a tenant on a month-to-month lease. Generating a respectable $800 per month, this unit further solidifies the potential profitability of this remarkable property.

Location, as they say, is everything. And this property certainly holds true to that adage. Situated in close proximity to the bustling shops and delectable restaurants that grace Wyoming Avenue, convenience becomes your greatest ally.

Moreover, easy access to Interstate-95, Roosevelt Boulevard, and Mass Transportation will seamlessly transport you to the vibrant business and cultural hubs of the center city of Philadelphia. Imagine the ease of navigating the city, effortlessly connecting with all that it has to offer.

This truly is a remarkable investment opportunity that presents both immediate returns and long-term growth potential. The numbers speak for themselves, and they are poised to align with your financial aspirations.

Don't miss out on this chance to secure your future and make your mark in the world of real estate. Act now, and let 522 E Louden Street pave the way to your financial success. Schedule your viewing today and experience the magic of this exceptional property firsthand.

Location

State PA

County Philadelphia

Area 19120 (19120)

Zoning RSA5

Rooms

Basement Fully Finished

Interior

Interior Features Studio

Hot Water Natural Gas

Heating Baseboard - Electric

Cooling Window Unit(s)

Heat Source Electric

Exterior

Garage Spaces 3.0

Waterfront N

Water Access N

Accessibility None

Parking Type Off Street

Total Parking Spaces 3

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 421083300

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Bright MLS (BMLS)
Listed by Carlos Masip • KW Philly
Bought with Lisa Y Risco • Keller Williams Main Line

Get More Information

Danielle Wateridge

Team Lead & Agent | License ID: 0225208883

+1(703) 639-8869

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.