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Philadelphia,PA 19141
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $143
Subdivision Olney
MLS Listing ID PAPH2415184
Style Straight Thru
Abv Grd Liv Area 1,600
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $2,794
Tax Year 2024
Lot Size 3,383 Sqft
Acres 0.08
Lot Dimensions 38.00 x 90.00
Property Description
Investment Triplex with Reliable Income & Development Potential! Fantastic investment opportunity with this fully rented triplex on an oversized lot, offering additional potential for future development (buyer due diligence required). The property includes three separate units: a large 5-bedroom unit with a kitchen and bathroom, and two 1-bedroom/1-bath units with kitchens. Additional features include a garage accessible from the rear alley under the deck. The property is currently leased to a professional property management company that manages over 20 properties. They guarantee a monthly rental income of $2,200 ($26,400 annually) and handle all utilities, maintenance, and repairs, with the landlord covering material costs only, as necessary. The management company also oversees subleasing for each unit, offering the owner a dependable, hands-off income stream. Property is being sold in as-is condition and Buyer is responsible for all municipal certifications.
Location
State PA
County Philadelphia
Area 19141 (19141)
Zoning RSA3
Rooms
Basement Poured Concrete
Interior
Interior Features Ceiling Fan(s),Dining Area,Combination Dining/Living,Entry Level Bedroom
Hot Water Natural Gas
Heating Radiator
Cooling None
Equipment Water Heater,Stove,Oven/Range - Gas,Intercom,Range Hood,Refrigerator
Fireplace N
Window Features Casement,Energy Efficient,Vinyl Clad
Appliance Water Heater,Stove,Oven/Range - Gas,Intercom,Range Hood,Refrigerator
Heat Source Natural Gas
Exterior
Exterior Feature Deck(s)
Garage Other
Garage Spaces 2.0
Utilities Available Above Ground,Electric Available
Waterfront N
Water Access N
View Street
Roof Type Asphalt
Accessibility 32\"+ wide Doors,>84\" Garage Door,Doors - Swing In,2+ Access Exits
Porch Deck(s)
Parking Type On Street,Attached Garage
Attached Garage 2
Total Parking Spaces 2
Garage Y
Building
Lot Description Front Yard
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 492165500
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional,Private
Listing Terms Cash,Conventional,Private
Financing Cash,Conventional,Private
Special Listing Condition Standard