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Key Details
Sold Price $215,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,280 sqft
Price per Sqft $167
MLS Listing ID PAPH2323284
Sold Date 07/31/24
Style Traditional,Unit/Flat
Abv Grd Liv Area 1,280
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $4,175
Tax Year 2022
Lot Size 776 Sqft
Acres 0.02
Lot Dimensions 16.00 x 49.00
Property Description
Welcome to 2255 S Hemberger St, prime investment opportunity nestled in the heart of the thriving South Philly Point Breeze neighborhood. This corner 2-unit building, boasting separate entrances for each unit, presents an excellent chance to enhance your investment portfolio or generate steady cash flow while enjoying the benefits of homeownership.
Unit 1, situated on the first floor, has undergone a top-to-bottom renovation, featuring a stylish 1-bedroom, 1-bathroom layout with gleaming hardwood floors. The open-concept living room and kitchen combination showcases upgraded cabinets and appliances, creating a modern and inviting space. The generously-sized bedroom and tiled bathroom add to the overall appeal. Additionally, this unit provides exclusive access to a private basement, perfect for added storage, along with the convenience of an in-unit washer/dryer.
Unit 2, a bi-level residence on the second floor, offers a spacious 2-bedroom, 1-bathroom layout with access to a rear yard, providing a desirable outdoor retreat. The lower level is home to a large and contemporary kitchen, while the upper level features two bedrooms, a living room, and a full bath with washer/dryer hookups. Furthermore, a portion of the basement has a separate entrance, opening up possibilities for additional rental income or owner storage.
This property will be sold "as is," and the seller will not be making any repairs. Don't miss out on this chance to invest in one of Philadelphia's hottest neighborhoods – seize the opportunity at 2255 S Hemberger St and make it a cornerstone of your real estate success!
Agent only comments: if your buyer is looking to buy and hold the rental comps in the area for one bedroom apartments are going for about $1100-$1200 and 2 bedrooms are going for about $1500-$1600.
Location
State PA
County Philadelphia
Area 19145 (19145)
Zoning CMX2
Rooms
Basement Partial
Interior
Interior Features Kitchen - Eat-In
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type None
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Traditional, Unit/Flat
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 482234800
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Sarah Dickinson • KW Empower
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