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Investor Alert - Triplex for sale with all units occupied currently. Total rent income is 76k annually, which is below the market rate as the lease agreements were made a couple of years ago. Current market rate should amount to 86k approximately. Annual tax $3902. This apartment building has 3 levels, each with its own entry access. A total of 8 bedrooms and 8 bathrooms. Newly renovated, 2nd and 3rd level are 2 bed/2 baths suites and first level has a 4 bedroom/4 bath suite. Kitchen is equipped with stainless steel appliances, tile back splash, granite countertop and recess lighting. Together with tall ceiling, big windows make the space bright and open. Lower level rooms have windows and two spacious full bathrooms. This property is 1.3 mile to Chinatown and 1 mile to Temple University, convenient for shopping and eating out. There is proposed development for NBA Arena and a new shopping center is being built which brings long term opportunities and growth for the community.
| DAYS ON MARKET | 310 | LAST UPDATED | 3/27/2024 |
|---|---|---|---|
| TRACT | SPRING ARTS | YEAR BUILT | 2016 |
| COMMUNITY | 19123 (19123) | COUNTY | PHILADELPHIA |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
| PRICE HISTORY | |
| Prior to Oct 12, '23 | $1,425,000 |
|---|---|
| Oct 12, '23 - Nov 22, '23 | $1,400,000 |
| Nov 22, '23 - Jan 3, '24 | $1,399,900 |
| Jan 3, '24 - Jan 22, '24 | $1,395,000 |
| Jan 22, '24 - Jan 23, '24 | $1,350,000 |
| Jan 23, '24 - Mar 27, '24 | $1,325,000 |
| Mar 27, '24 - Today | $1,299,900 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer |
| AREA | 19123 (19123) |
| BASEMENT | Finished, Yes |
| HEAT | Central, Electric |
| INTERIOR | Eat-in Kitchen, Walk-in Closet(s) |
| LOT | 1742 sq ft |
| PARKING | Off Street |
| STORIES | 4 |
| STYLE | Straight Thru |
| SUBDIVISION | SPRING ARTS |
| TAXES | 3902 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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