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Property Attributes
- MLS#PAPH2356932
- TypeContingent
- CountyPHILADELPHIA
- CityPhiladelphia
- Area19104
- NeighborhoodSpruce Hill
- Zip19104
- Style
- Year Built1935
- Taxes$ 5021
- Price$ 745,000
- Bedrooms6
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.04 Acres
Data Source:
Bright MLS
Property Description
HIGHEST AND BEST OFFERS DUE IN BY 2PM SATURDAY MAY 25. Make sure offer package includes Agreement of Sale, TOP form, Buyer signed SPD and LPD forms, Buyer BFI and/ or POF and/ or pre-approval letter. ===============Excellent opportunity to purchase a very well located fully leased triplex in the Spruce Hill neighborhood of University City! This property, also located within the Penn Alexander School catchment area, was recently fully renovated and features three full floor two bedroom apartments. The 2nd floor apartment will be vacant as of June 1, 2024 making this an incredible owner occupant purchase opportunity. All utilities are separated and each apartment has in-unit laundry. Each unit features some type of outdoor space. Awesome rear yard access for 1st floor unit. 2nd floor unit has access to a cute patio and the 3rd floor unit has access to large roof deck! Basement access is from the front patio. Tax abatement in effect through 2026. The total monthly rent roll is $5,170 + $100 for water usage. Total gross annual income is $63,240. The property is close to many coffee shops, restaurants, Universities and public transportation. Schedule a tour today!
Elementary School | Middle School | High School |
---|---|---|
Penn Alexander School Elementary School | Penn Alexander School Middle School | West Philadelphia High School |
Price History | |
---|---|
5/20/2024 | Listed $745,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Forced Air |
Cooling | Central A/C |
Possession | Subject to Existing Lease |
Zoning | RSA5 |
Patio/Porch Features | Patio(s),Balcony |
Architectural Style | Other |
Construction Materials | Masonry |
School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
Year Built | 1935 |
Property SubType | Triplex |
Tax Year | 2022 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Accessibility | None |
County | PHILADELPHIA |
New Construction | No |
Property Type | Multi-Family |
Subdivision Name | SPRUCE HILL |
Garage Y/N | No |
Water Access Y/N | No |
Other Structures | Above Grade,Below Grade |
Status | ACTIVE UNDER CONTRACT |
Directions | Use GPS. |
ModificationTimestamp | 2024-05-28T14:36:59 |
City | PHILADELPHIA |
Buyer Agent Compensation | 2.5 |
Zoning Description | U50 Res: Apt(s) Converted Row,3 Sty,Masonry |
NumberOfUnitsTotal | 3 |
MLS Area | 19104 (19104) |
Lot Size Units | Square Feet |
Lot Size Square Feet | 1746.00 |
Tax Assessed Value | 358738.0 |
Waterfront Y/N | No |
Number of Units Leased | 3 |
Tax Annual Amount | 5021.0 |
Property Condition | Excellent |
Two Bedroom | 3 |
Structure Type | Interior Row/Townhouse |
Price Per Sq Ft Total AG | 229.94 |
Vacation Rental Y/N | No |
Total SQFT | 3240 |
Days on Market | 8 |
Standard Status | Active Under Contract |
Year Built Source | Assessor |
Tax Lot | 41 |
Buyer Agent Compensation Type | % Of Gross |
Association Recreation Fee | No |
Interior Features
Heating Fuel | Natural Gas |
---|---|
Basement | Full,Outside Entrance,Unfinished |
Hot Water | Natural Gas |
Basement (Y/N) | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Central Air Y/N | Yes |
LivingAreaSource | Assessor |
Exterior Features
Pool | No Pool |
---|---|
Water Source | Public |
Type of Parking | None |
Land Use Code | U50 |
Foundation Details | Other |
Water View Y/N | No |
Lot Dimensions | 18.00 x 97.00 |
Lot Size Acres | 0.04 |
Lot Size Source | Assessor |
Land Assessed Value | 153860.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool