Price Reduction
Listed By:
Philadelphia Area Realty
Address
Not Disclosed, Philadelphia, PA
Price
$ 279,000
Property Attributes
  • MLS#PAPH2336884
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19104
  • Zip19104
  • StyleTrinity
  • Year Built1925
  • Taxes$ 4372
  • Price$ 279,000
  • Bedrooms3
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1,742 SqFt
Data Source:
Bright MLS
Property Description

This is a legal, licensed triplex featuring (3) 1 bedroom/1 bathroom apartments, each with it's own utilities. The 2nd and 3rd floor have been updated and freshly painted. The first floor tenant has been a long term lease. The first floor tenant is now on a month to month lease and willing to move out once a new owner is found. Then the apartment can be updated and rent increased significantly. 1st floor tenant currently pays $775 month rent. After updating apartment should be able to increase the rent to at least $1000. 2nd floor tenant currently pays $900 and 3rd floor pays $875. All units have a separate forced hot air heater, hot water heater and electric panel.

Price History
4/12/2024 Listed $299,000
4/22/2024 7% - $279,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Immediate
Zoning RM1
Pool Y/N No Pool
Architectural Style Trinity
Security Features Fire Detection System,Carbon Monoxide Detector(s),Smoke Detector
Construction Materials Masonry
Year Built 1925
Electric 200+ Amp Service
Property SubType Triplex
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel None
Gross Income 29400.00
OwnerPays Common Area Maintenance,Pest Control,Water,Trash Collection
Accessibility 2+ Access Exits
County PHILADELPHIA
New Construction No
Property Type Multi-Family
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions 42nd and Lancaster
ModificationTimestamp 2024-04-22T12:14:21
City PHILADELPHIA
Buyer Agent Compensation 2.5
Total Units 3
MLS Area 19104 (19104)
Lot Size Square Feet 1870.00
Tax Assessed Value 312400.0
Waterfront Y/N No
Number of Units Leased 3
Street Name BROWN
Tax Annual Amount 4372.0
Home Warranty Y/N No
Property Condition Good
Structure Type Twin/Semi-Detached
One Bedroom Units Count 3
Price Per Sq Ft 144.19
Acceptable Financing Cash,Conventional
Historic Y/N No
Rent Control Y/N No
Vacation Rental Y/N No
Total SQFT 1935
Days on Market 11
Lease Type Month to Month
Standard Status Active
Year Built Source Assessor
Tax Lot 165
Total Actual Rent 29400.00
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Natural Gas
Basement Dirt Floor,Unfinished
Hot Water Multi-tank,Natural Gas
Furnished Units None
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix STREET
Central Air Y/N No
LivingAreaSource Assessor

Exterior Features

Water Source Public
Inclusions Stoves and refridgerators
Type of Parking On Street
Land Use Code U50
Foundation Details Concrete Perimeter,Stone
Spa No
Water View Y/N No
Lot Dimensions 22.00 x 85.00
Lot Size Acres 0.04
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 62480.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19104

Price
AVG $920K
$280K
Taxes
AVG $4,222
$4,372
Visits
AVG 219
44
Data Provided by Inside Real Estate®
Year Built
AVG 1947
1925

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