$152,000
$250,000
39.2%For more information regarding the value of a property, please contact us for a free consultation.
2,211 SqFt
SOLD DATE : 07/09/2018
Key Details
Sold Price $152,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,211 sqft
Price per Sqft $68
Subdivision Ogontz
MLS Listing ID 1000312096
Sold Date 07/09/18
Style Other
HOA Y/N N
Abv Grd Liv Area 2,211
Originating Board TREND
Year Built 1935
Annual Tax Amount $577
Tax Year 2018
Lot Size 2,841 Sqft
Acres 0.07
Lot Dimensions 25X112
Property Description
This is a 6 unit property in Ogontz that generates 2700 dollars per month and has a cap rate of 12 (has the potential to generate 3300 dollars per month once the owner moves out). The 6 units have been consistently occupied and is great for investors! The property needs some cosmetic updating, but can easily generate over 32K in gross income per year. Look past the clutter & personal property and come see the value of this multi-unit building! Each unit has separate utilities (electric). This property is being sold in "as-is" condition.
Location
State PA
County Philadelphia
Area 19141 (19141)
Zoning RM1
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Electric
Heating Gas
Cooling None
Fireplace N
Heat Source Natural Gas
Laundry None
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 491127300
Ownership Fee Simple
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Bought with Jane E Healy • Long & Foster Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "