$242,000
$270,000
10.4%For more information regarding the value of a property, please contact us for a free consultation.
1,356 SqFt
SOLD DATE : 09/14/2018
Key Details
Sold Price $242,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,356 sqft
Price per Sqft $178
Subdivision Olde Kensington
MLS Listing ID 1002114552
Sold Date 09/14/18
Style Other
HOA Y/N N
Abv Grd Liv Area 1,356
Originating Board TREND
Year Built 1920
Annual Tax Amount $2,409
Tax Year 2018
Lot Size 755 Sqft
Acres 0.02
Lot Dimensions 15X50
Property Description
411 W Jefferson is a rare property located in a very hot and desirable section of Old Kensington. This property has multiple uses being that it is a duplex. It is comprised of a 1st floor loft with private back yard space. The extra back yard space has a lot of potential for possibly future deeded parking, patio/deck and it is already eligible for Philly Water Departments Raincheck discount program. The top floor is a recently renovated 2 bed 1 bath with a nice kitchen, massive master bedroom and new glass tile in the bathroom along with a rainfall shower head and exposed bricks and beams. This property is perfect for a first time home buyer or an investor. If you are an investor buy and hold this property with instant cash flow as the bottom unit loft is rented for $750/month and the top currently rented for $1250/month. For a first time homebuyer you can offset the mortgage utilizing the cash flow coming in from the bottom unit. Regardless, this is a property worth owning for its multitude of uses, location and profitability. Convenient to I-95 N&S, 10 min walk to Market Frankford Line El, septa bus stops within 1-2 blocks, 3-5 min walk to trolley on Girard, bike friendly with Indego Bike Share at 6th Street and 3rd & Girard. On the weekends enjoy HELM BYOB, St. Benjamins Brewpub, New Liberty Whiskey Distillery, Reanimator Coffee or a short walk to Frankford Ave / Front Street to enjoy restaurants like Mulherins and Son's, Front Street Cafe, Good Spoon Soupery, Suraya, Philly Style Bagels, Soup Kitchen, Pizza Brain and MORE!
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning RSA5
Rooms
Other Rooms Primary Bedroom
Basement Partial
Interior
Hot Water Natural Gas
Heating Gas
Cooling None
Fireplace N
Heat Source Natural Gas
Laundry Has Laundry
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 182333400
Ownership Fee Simple
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Bought with John D McDonald • Weichert Realtors
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "