Bought with Maritza Cainas • Re/Max One Realty
$230,000
$250,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
1,891 SqFt
SOLD DATE : 05/29/2025
Key Details
Sold Price $230,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,891 sqft
Price per Sqft $121
Subdivision Parkside
MLS Listing ID PAPH2462026
Sold Date 05/29/25
Style Straight Thru
Abv Grd Liv Area 1,891
Year Built 1920
Annual Tax Amount $2,662
Tax Year 2025
Lot Size 1,418 Sqft
Acres 0.03
Lot Dimensions 15.00 x 93.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
3D Matterport walk-through tour available! Extraordinary investment opportunity just a short 15-minute bike ride to University City. Expansive properly-zoned quadraplex with spacious 1-bed/1-bath apartments, individually metered, and located opposite Conestoga Community Park. Current rent roll produces a robust 10% cap rate with long-term stable tenants; create exceptional upward cashflow with cosmetic improvements. Each unit features roomy layouts with large living areas, updated kitchens, generous bedrooms, and updated bathrooms. Over $24,000 of annual net operating income - phenomenal addition to your portfolio!
Location
State PA
County Philadelphia
Area 19131 (19131)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling Window Unit(s)
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Block
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 442281600
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash, FHA
Listing Terms Conventional, Cash, FHA
Financing Conventional,Cash,FHA
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "