UPDATED:
10/08/2024 12:11 AM
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Under Contract
Purchase Type For Sale
Square Footage 1,615 sqft
Price per Sqft $179
Subdivision Elmwood Park
MLS Listing ID PAPH2399550
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $5,085
Tax Year 2024
Lot Size 1,615 Sqft
Acres 0.04
Property Description
This fully rented single property features 4 units, each generating $650 in monthly rental income, along with an additional unit currently leased for $500. There’s also an extra room that the owner has chosen not to rent at this time, offering potential for increased revenue.
All units are well-maintained, ensuring a hassle-free investment. The owner covers the water bills, while tenants are responsible for their own electricity and heating costs.
Seize this chance to invest in a reliable income-producing property!
Location
State PA
County Philadelphia
Area 19142 (19142)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Other
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 401343600
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "
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