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Key Details
Sold Price $680,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,559 sqft
Price per Sqft $265
Subdivision Fairmount
MLS Listing ID PAPH2356810
Sold Date 07/12/24
Style Other
Abv Grd Liv Area 2,559
Originating Board BRIGHT
Year Built 1917
Annual Tax Amount $7,870
Tax Year 2024
Lot Size 1,106 Sqft
Acres 0.03
Lot Dimensions 16X71
Property Description
Beautiful corner triplex in Fairmount with great rental history. First floor is a large open concept space with two private entrances, a full bath, half bath, access to rear patio and full basement. Has been used and legally zoned as a personal fitness studio and also has legal zoning as a podcast/broadcasting studio. There is a separate street entrance to two full floor apartments. Each unit offers wood floors, 2 spacious bedrooms, full kitchen and one full bath. Third floor unit has a washer/dryer and first floor business has access to full basement also with washer and dryer. This corner property offers lots of original Victorian character and loads of light through the many windows in each unit. Well maintained and turn-key for an easy investment opportunity. Popular rental area close to many shops, restaurants, transportation and Fairmount Park.
Cap rate of 6.4% takes into account expenses including: taxes, insurance, water, gas, licensing/city fees. (utility fees noted in listing are exact amounts)
Great Tenants, New security Fire Alarm Systems, ALL knob and tube wiring removed from home, Updated Lead Certifications, Turnkey and ready to add your own business to first floor!
Location
State PA
County Philadelphia
Area 19130 (19130)
Zoning RSA5
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Wall Unit
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Brick/Mortar
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 152295205
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Adam Bell • BHHS Fox & Roach At the Harper, Rittenhouse Square
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