$60,000
$65,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
928 SqFt
SOLD DATE : 11/06/2018
Key Details
Sold Price $60,000
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 928 sqft
Price per Sqft $64
Subdivision Strawberry Mansion
MLS Listing ID 1009926654
Sold Date 11/06/18
Style Straight Thru
Bedrooms 2
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 928
Originating Board TREND
Year Built 1919
Annual Tax Amount $297
Tax Year 2018
Lot Size 776 Sqft
Acres 0.02
Lot Dimensions 14X54
Property Description
Attention savvy investors: 45%+ annual profit if financed with 30-yr/ fixed-rate (5.875%)/ 20% down payment/ conventional loan --OR-- 15% annual profit if buying with cash (ask co-listing agent or view agent remarks for breakdown). Everything in this 2br, 1ba home was renovated in the spring of 2018. Expect minimal maintenance expense in years to come. Sale is subject to market rate lease ending in Spring 2019 (NOT Section 8) meaning that you are buying this property for its rental income. Laminate wood flooring in living room, dining room, and bedrooms. Ceramic tile flooring in kitchen/bathroom and ceramic tile tub/shower surround. Washer and dryer in basement are included in sale. Basement walls are parged and basement is dry. Basement ceiling height is good enough to finish it and add a half bath in the future if desired. Rear exterior walls recently stuccoed. Heating unit should be easily adaptable to Central AC with AC condenser in the future if so desired. This is a fantastic investment property without even considering potential for value appreciation... don't let it pass you by. I'd buy it myself in a heartbeat if I was in the market.
Location
State PA
County Philadelphia
Area 19132 (19132)
Zoning RSA5
Direction North
Rooms
Other Rooms Living Room, Dining Room, Primary Bedroom, Kitchen, Bedroom 1
Basement Full
Interior
Hot Water Natural Gas
Heating Gas, Forced Air
Cooling None
Fireplace N
Heat Source Natural Gas
Laundry Basement
Exterior
Fence Other
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Lot Description Rear Yard
Story 2
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Level or Stories 2
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Senior Community No
Tax ID 162306300
Ownership Fee Simple
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Bought with Sabrina L Reliford • Settle Down Philadelphia
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "