$100,000
$100,000
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1,743 SqFt
SOLD DATE : 08/04/2023
Key Details
Sold Price $100,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,743 sqft
Price per Sqft $57
MLS Listing ID PAPH2253416
Sold Date 08/04/23
Style Other
Abv Grd Liv Area 1,743
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $4,308
Tax Year 2022
Lot Size 1,278 Sqft
Acres 0.03
Lot Dimensions 21.00 x 61.00
Property Description
Triplex project potential! This is your next project for renovation waiting to happen! After many years, the seller has decided that this project is better transferred into the hands of YOU, the new ambitious landlord and developer! The property is already framed out as three separate apartments, with four electric meters in the basement. Work was begun in 2018 but it has been stalled since then. Zoning for the property is RSA5, the seller had a triplex variance for 15+years leading up to 2018, the buyer is responsible for confirming property use with the City of Philadelphia. Potential rents START at $1,122+$1,342+$1,342 - a total of over $3,800/month or MORE! The sample rents are minimum possible examples based on 1 and 2 bedroom rates for this zipcode with PHA / HCV through "Section 8". Your rents could easily be higher! Access with your agent is by a combination of methods, ask your agent to bring a drill and also flashlights with them as well. This is an As-Is Sale, it will need to be either a "Cash" purchase or a renovation loan - what some people call "hard money" will make a renovation much easier.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RSA5
Rooms
Basement Unfinished
Interior
Hot Water Other
Heating Other
Cooling None
Heat Source Other
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 062188100
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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