Philadelphia, PA 19121,1729 N 24TH ST
Philadelphia, PA 19121,1729 N 24TH ST
Philadelphia, PA 19121,1729 N 24TH ST
Philadelphia, PA 19121,1729 N 24TH ST
Philadelphia, PA 19121,1729 N 24TH ST
Philadelphia, PA 19121,1729 N 24TH ST
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$310,000

$357,000

13.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

1,728 SqFt


SOLD DATE : 03/13/2024

Key Details

Sold Price $310,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,728 sqft

Price per Sqft $179

Subdivision Sharswood

MLS Listing ID PAPH2305522

Sold Date 03/13/24

Style Other

Abv Grd Liv Area 1,728

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $2,322

Tax Year 2023

Lot Size 930 Sqft

Acres 0.02

Lot Dimensions 16.00 x 65.79

Property Description

Introducing 1729 N 24th Street - The Cashflow Building

Discover this meticulously renovated multi-family triplex nestled in the heart of the ever-expanding North Philadelphia, specifically within the Temple University vicinity. Designed for the discerning investor/owner, this property boasts a complete transformation with no compromises. The 5 bed/3 bath layout features a range of brand-new upgrades, including hardwood floors throughout all units, a state-of-the-art HVAC unit, a new water heater, and modern kitchens with an eat-in area, granite countertops, and stainless steel appliances. The bathrooms have been stylishly updated with new fixtures, vanities, and flooring. Additionally, a generously sized private backyard provides an ideal space for entertaining.

Each unit is thoughtfully designed, with the first unit offering 2 bedrooms and a full bath, projected to lease for $1,764. The second unit features one bedroom and one full bathroom, currently leased at $800 can rent for $1,467. The third-floor unit comprises two bedrooms and a full bathroom, a bi-level apartment with a projected lease of $1,764. All units showcase open floor plans, abundant natural light, and spacious rooms.

The basement, with its freshly finished walls and floor, presents a canvas for your creative vision, whether you complete it for additional living space or storage. You can use this opportunity, strategically located just minutes away from Temple University, Drexel University, and Fairmount Park. The surrounding area boasts an array of dining options, placing you in the epicenter of the action.

As you enjoy a remarkable 12.2% return on your investment, take note of the stabilized pro forma analysis for a comprehensive overview of the numbers. Act now and make this investment opportunity yours!

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Interior

Hot Water Electric

Cooling Central A/C

Flooring Carpet, Hardwood

Fireplaces Number 2

Fireplace Y

Heat Source Electric

Exterior

Utilities Available Electric Available

Water Access N

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

Structure Type 9'+ Ceilings

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 472193500

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Howard A. Greenberg • HG Realty Services, Ltd.
Bought with Andrew Sutton • KW Empower
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20251 Century Blvd Suite 125, Germantown, MD, 20874

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