$555,000
$555,000
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3,060 SqFt
SOLD DATE : 12/08/2022
Key Details
Sold Price $555,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,060 sqft
Price per Sqft $181
Subdivision University City
MLS Listing ID PAPH2177370
Sold Date 12/08/22
Style Other
Abv Grd Liv Area 3,060
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $5,776
Tax Year 2023
Lot Size 1,955 Sqft
Acres 0.04
Lot Dimensions 17.00 x 115.00
Property Description
Large triplex in the heart of Spruce Hill--a prime University City location. With superb bones, this property includes a spacious 1-bedroom unit with a large rear yard, a 1 (or 2) bedroom unit and a 2 (or 3) bedroom unit on the third floor. South facing and filled with beautiful original details, like built-in armoires, original woodwork and mantels, and gorgeous leaded-glass windows. This property has been consistently rented in its as-is condition, and current owner has let the leases expire to provide new owner with opportunity to renovate and add value. Premiere location for an investment triplex (property is zoned duplex by right with a variance for three units). The property could also be renovated as a two unit with an awesome owner’s unit or even a single family. The property is situated within the Penn Alexander School CATCHMENT. Great for an investor to add value or owner occupant looking to supplement with investment income. This is an amazing opportunity within blocks of Clark Park and its phenomenal Farmers Market, Local 44, Bottle Shop, Green Line, ReAnimator Coffee and Knockbox Cafe, TacoTacoMexican (formerly Honest Tom's), Tampopo, Pop Shop, Renata's, Clarkville, Baltimore Avenue Restaurant Row, CVS, movie theater, and much more. Two blocks to the Penn Alexander School. Walk to HUP, Penn, CHOP, Presby, Penn Vet, Drexel, St Joes (University of the Sciences), the Restaurant School, and the Science/Tech Corridor. A very short commute to Center City by SEPTA, car, or bike. 95 WalkScore and 97 BikeScore. Philadelphia International Airport is also easily accessible by train or car. NOTES: Property needs renovation throughout (as reflected in price). Property currently has two active electric accounts, but a meter set-up for four meters (one for each unit plus house account).
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RTA1
Rooms
Basement Unfinished
Interior
Interior Features Built-Ins
Hot Water Natural Gas
Heating Radiator, Hot Water
Cooling None
Equipment Washer, Dryer
Appliance Washer, Dryer
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Lot Description Front Yard, Rear Yard
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Penn Alexander School
Middle Schools Penn Alexander School
School District The School District Of Philadelphia
Others
Tax ID 272040700
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Lily L Wu • Compass RE
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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