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Reda B Akbil
Compass Pennsylvania, LLC
267-435-8015
This priced to sell 2-unit multi-family building is a rare find! With Unit 1 offering a 1-bedroom/1.5-bathroom layout and Unit 2 featuring a 3-bedroom/1.5-bathroom bi-level design, there is plenty of space for tenants. Both units are currently rented below market value for $3,300 per month total as it previously rented for $4,000 per month making this property a great investment opportunity. Unit 1 boasts a spacious living and dining area with original hardwood floors, connecting to a well-appointed kitchen and a private outdoor backyard space. Additionally, the first floor includes a full bathroom and bedrooms. The fully finished basement provides even more versatility, serving as additional living or office space and housing a full washer and dryer extra bathroom and additional storage. Unit 2 offers an open and modern kitchen, dining, and living space with high ceilings, new carpet, ceiling fans, air conditioning, heating, and its own washer and dryer. With its bi-level layout, this unit provides ample room for comfortable living. The location of this property is prime, especially for student rentals and young working professionals. It is just a few blocks away from the main campus of Drexel University, Drexel Parc, Upenn, the Art Museum, and the 30th Street Station. Additionally, the proximity to Drexel University Public Safety ensures a safe and secure environment for tenants. Don't miss out on this fantastic opportunity!This is also in a QOZ area which presents a massive opportunity for preferential tax treatment. Act fast and secure this multi-family building in a prime location.
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Water Source : Public
Cooling: Central A/C
Heating: Forced Air
Cooling Fuel: Electric
Heating Fuel: Electric
Year Built: 1980
Structure: Other
New Construction: No
Total Units: 2
Built: 1980
Construction Material: Masonry
Architecture: Other
Pool/Private: No Pool
Pool: No Pool
Sewer: Public Sewer
Water Heat: Electric
Lot Size: 1,511
Dimensions: 16.00 x 93.00
Lot Size (Acres): 0.03
Architectural Style: Other
Main Square Feet: 1,511
SQ ft: 2,418
SQ ft (Living Area): 2,418
Total Lot SQ ft: 1,511
Financing: Cash,Conventional,FHA
Appx. Lot Dimensions: 16.00 x 93.00
Total Acreage: 0.03
New Construction: No
Type: Other
Possession: 0-30 Days CD
Days Of Market: 141
Annual Tax: $7,558
Tax Year: 2022
Total Taxes Payment Frequency: Annually
0-30 Days CD
Taxes Assessment Amount: $540,000
Total Parking Spaces: 0
Parking Type: None
Has Garage: N
Acceptable Financing: Cash,Conventional,FHA
Direction: 32nd street
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Water Source: Public
Sewer: Public Sewer
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Direction: 32nd street
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
836 N Brooklyn Street , Philadelphia, PA,19104 | $35,000 | -- | -- | 765 | 765 Sqft |
726 N 37th Street , Philadelphia, PA,19104 | $65,000 | -- | -- | 1,138 | 1138 Sqft |
656 N 36th Street , Philadelphia, PA,19104 | $124,500 | -- | -- | 1,088 | 1088 Sqft |
4076 Spring Garden Stre.., Philadelphia, PA,19104 | $225,000 | -- | -- | 1,617 | 1617 Sqft |
729 N Preston Street , Philadelphia, PA,19104 | $69,900 | -- | -- | 879 | 879 Sqft |
3801 Cambridge Street , Philadelphia, PA,19104 | $179,000 | -- | -- | 1,248 | 1248 Sqft |
4047 W Girard Avenue , Philadelphia, PA,19104 | $149,000 | -- | -- | 1,710 | 1710 Sqft |
4438 Chestnut Street , Philadelphia, PA,19104 | $1,195,000 | -- | -- | -- | 2200 Sqft |
3939 Folsom Street , Philadelphia, PA,19104 | $65,000 | -- | -- | 1,022 | 1022 Sqft |
3920 Aspen Street , Philadelphia, PA,19104 | $150,000 | -- | -- | 1,440 | 1440 Sqft |
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ByOwner last updated this listing 04/29/2024 @ 18:00
MLS: PAPH2292260
LISTED BY: Reda B Akbil , Compass Pennsylvania, 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.