$600,000
$617,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
2,704 SqFt
SOLD DATE : 02/28/2023
Key Details
Sold Price $600,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 2,704 sqft
Price per Sqft $221
Subdivision Northwood
MLS Listing ID PAPH2154432
Sold Date 02/28/23
Style Dwelling with Rental
Abv Grd Liv Area 2,704
Originating Board BRIGHT
Year Built 1956
Annual Tax Amount $2,856
Tax Year 2005
Lot Size 2,704 Sqft
Acres 0.06
Property Description
Fully occupied 9 units Multifamily corner property. Ready for new Owner. Producing positive Cash Flow at 6% with CAP rate at 6.7.
Owner is ready to sell and retire. Public transportation near by. Property is been professionally manage at 8% fees.
Location
State PA
County Philadelphia
Area 19124 (19124)
Zoning MUL
Rooms
Basement Outside Entrance, Partially Finished
Interior
Interior Features Additional Stairway
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available
Waterfront N
Water Access N
Accessibility Other
Parking Type None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Dwelling with Rental
Additional Building Above Grade, Below Grade
Structure Type Other
New Construction N
Schools
Elementary Schools John Marshall School
High Schools Frankford
School District The School District Of Philadelphia
Others
Tax ID 881105200
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Financing Cash,Conventional,Exchange
Special Listing Condition Standard
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Bought with Evangelos G. Tasiopoulos • HomeSmart First Advantage Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "