• 437 N 32nd Street PHILADELPHIA, PA 19104

  • $539,000
  • 0
    Bed(s)
  • 0
    Baths
  • 2,418
    Sq Ft
  • 1511
    Sqft

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.

Property Type :

Multi-Family

County :

PHILADELPHIA

Style :

Multi-Family

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Property Details

 

Water/Sewer

Water Source : Public

Heating & Cooling

Cooling: Central A/C

Heating: Forced Air

Cooling Fuel: Electric

Heating Fuel: Electric

Building Information

Year Built: 1980

Structure: Other

New Construction: No

Total Units: 2

Built: 1980

Construction Material: Masonry

Architecture: Other

Pool/Private: No Pool

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Electric

Lot Information

Lot Size: 1,511

Dimensions: 16.00 x 93.00

Lot Size (Acres): 0.03

Architectural Style: Other

Main Square Feet: 1,511

Property Information

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

Listing Information

Possession: 0-30 Days CD

Days Of Market: 141

Tax Information

Annual Tax: $7,558

Tax Year: 2022

Total Taxes Payment Frequency: Annually

Possession

0-30 Days CD

Assessment Information

Taxes Assessment Amount: $540,000

Parking Information

Total Parking Spaces: 0

Parking Type: None

Has Garage: N

Multi-Unit Information

Acceptable Financing: Cash,Conventional,FHA

Homeowners Association Information

Direction: 32nd street

School Information

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Electric

Hot Water: Electric

Location Information

Direction: 32nd street

Nearby Home Value

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

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

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.

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