The City of Philadelphia has completed a real estate tax reassessment, effective January 1, 2023. If you have
any questions or concerns about the impact of this reassessment on future real estate taxes, please contact
the City of Philadelphia. Listing agent- Christine Virata and Exp Realty, LLC are not involved in the City of
Philadelphia’s tax reassessment and do not have any control over the results. Excellent investment property
located in the Health Sciences Campus of Temple University close to Temple Hospital and Temple Medical
School. This is an amazing opportunity for the savvy investor seeking to generate cash flow and appreciation.
This property is conveniently located on public transportation and multiple bus lines. This duplex property
offers 2 - 2 bedroom, 1 bathroom units. Both units are currently rented. The tenant is responsible for
electricity and the owner pays for water. Both units have washer/dryers. The kitchens have upper and lower wood
cabinets and granite countertops with ceramic tile flooring. There is hardwood flooring throughout the unit. The
bedrooms are quite spacious and each unit has plenty of windows resulting in positive natural light. The first
floor accepts Section 8 Vouchers. Roof Warranty transferable to the new owner- 20 years. Lastly, the
property boasts an unfinished basement and a spacious backyard perfect for summer barbecues presenting
an opportunity for further expansion/renovation or customization and design of space. Property being sold As-Is. Listing agent is related to the Seller. Seller will be doing a 1031 exchange.
Property Type :
Multi-Family
Subdivision :
Nicetown-tioga
County :
PHILADELPHIA
Style :
Multi-Family
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ByOwner last updated this listing 05/01/2024 @ 22:11
MLS: PAPH2322116
LISTED BY: Christine Virata , EXP Realty, LLC
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
