$55,000
$65,000
15.4%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
918 SqFt
SOLD DATE : 10/18/2024
Key Details
Sold Price $55,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 918 sqft
Price per Sqft $59
Subdivision Philadelphia
MLS Listing ID PAPH2391306
Sold Date 10/18/24
Style Traditional
Bedrooms 2
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 918
Originating Board BRIGHT
Year Built 1935
Annual Tax Amount $789
Tax Year 2024
Lot Size 621 Sqft
Acres 0.01
Lot Dimensions 14.00 x 46.00
Property Description
Nice, cozy 2 bedroom, 1 bathroom home. Perfect as a starter home, or add this gem to your next cash flowing rental portfolio. This home is perfect for a first time/next time homebuyer, or the savvy investor looking for their next rental. The 1% rule says that if used as a rental, the monthly rental revenue should be at least $650/mth. 2 bedroom rentals in the area are around $1100-$1200 per month! In other words, this cash cow (if used as a rental) could bring you significant returns on your investment for many years to come. It has 2 bedrooms, 1 bathroom, living room, dining room, kitchen, backyard & basement. Located just a couple of blocks from St. Christopher's Hospital for Children, this home is also close to shops and public transportation. Whether you are looking for a home to move into, or just looking for your next rental property, you cannot go wrong with this home. Don't sleep on this one, because before you know it, it will be gone! Be smart and schedule your appointment right away.
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning RM1
Rooms
Basement Other
Interior
Hot Water Electric
Heating Baseboard - Electric, Other
Cooling None
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility Level Entry - Main
Garage N
Building
Story 2
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Senior Community No
Tax ID 072024400
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Ryan Scott MacBurt • BHHS Fox & Roach-Center City Walnut
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "