$325,000
$325,000
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1,980 SqFt
SOLD DATE : 08/26/2024
Key Details
Sold Price $325,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,980 sqft
Price per Sqft $164
Subdivision Northwood
MLS Listing ID PAPH2321120
Sold Date 08/26/24
Style Side-by-Side
Abv Grd Liv Area 1,980
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $2,718
Tax Year 2023
Lot Size 3,680 Sqft
Acres 0.08
Lot Dimensions 28.00 x 131.00
Property Description
Wonderful opportunity for the Owner-Occupant and Investor alike! This Northwood neighborhood triplex is well-maintained, income-generating, and has 1 unit available if you want to move in or select your next tenant. Revenue-generating ideas include adding coin-operated laundry or storage to the basement for the tenants, separating the heat/hot water utilities, or perhaps even adding central air. Unit 1 is a 2-bedroom, bi-level unit that expands across the entire 1st floor plus the front room on the 2nd floor and with exclusive access to the unfinished basement. Unit 2 is a 1-bedroom that occupies the rear portion of the 2nd floor. Unit 3, also a 1-bedroom, occupies the 3rd floor. Current rents/lease end dates are: Unit 1 $1100 (includes oil heat and gas cooking/hot water) (good through 10/31/2024. This is a PHA tenant. Owner is seeking a large increase in rent for this Unit for 11/1/24); Unit 2 $1000/mo plus $100/mo for utilities is being approved through PHA and can be filled quickly, if Buyer desires, or left vacant for the new owner; Unit 3 $850/mo plus $50/mo for utilities and is month-to-month (can convert to yearly if Buyer desires. This is a non-PHA tenant). A large backyard makes urban living a breeze. Start planning your Labor Day BBQ today! Not only a great home or investment, but it’s conveniently located, too. Just an 8-minute walk to the Arrott Station for the Market-Frankford El and a 9-minute drive to I-95, Jefferson Frankford Hospital, ShopRite, Target, and The Home Depot! 24-hour notice is needed to show, so get scheduled to show as soon as possible so your buyer doesn’t miss out on this great property.
Location
State PA
County Philadelphia
Area 19124 (19124)
Zoning RSA3
Rooms
Basement Full, Unfinished
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s)
Fireplace N
Heat Source Oil
Exterior
Waterfront N
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Side-by-Side
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Marshall John
Middle Schools Harding Warren
High Schools Frankford
School District The School District Of Philadelphia
Others
Tax ID 234095400
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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Bought with Jerome J. Washington • Neighborhood Assistance Corp. of America (NACA)
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "