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Key Details
Sold Price $2,400,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,898 sqft
Price per Sqft $828
Subdivision Powelton Village
MLS Listing ID 1002429916
Sold Date 10/10/16
Style Traditional
Bedrooms 10
Full Baths 3
HOA Y/N N
Abv Grd Liv Area 2,898
Originating Board TREND
Year Built 1930
Annual Tax Amount $4,905
Tax Year 2016
Lot Size 1,564 Sqft
Acres 0.04
Lot Dimensions 17X92
Property Description
Rare opportunity to purchase a DREXEL UNIVERSITY PORTFOLIO of stabilized properties in ultra-prime Powleton Village locations in close proximity to campus. This student housing portfolio has historically been 100% occupied and is currently 100% occupied and 100% rented through the 2016/2017 school year. These renovated properties feature updated kitchens/baths and have been well maintained by current ownership. This package is turnkey with years of historical data available upon request. Gross Ann Inc ? $253,000. NOI approx. $193,000. 30 beds total in portfolio.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RM1
Rooms
Other Rooms Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1, Other
Basement Full
Interior
Interior Features Kitchen - Eat-In
Hot Water Natural Gas
Heating Gas
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Laundry Basement
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 3+
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 3+
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Senior Community No
Tax ID 241223200
Ownership Fee Simple
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Bought with Frank L DeFazio • BHHS Fox & Roach-Center City Walnut
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