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Key Details
Sold Price $830,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,824 sqft
Price per Sqft $217
Subdivision Olde Kensington
MLS Listing ID PAPH2225698
Sold Date 08/04/23
Style Other
Abv Grd Liv Area 2,868
Originating Board BRIGHT
Year Built 2018
Annual Tax Amount $3,219
Tax Year 2022
Lot Size 1,360 Sqft
Acres 0.03
Lot Dimensions 17.00 x 80.00
Property Description
Enjoy the best of Fishtown, South Kensington and Northern Liberties! This triplex is located in one of Philadelphia's Opportunity Zones and is just a few blocks from all of the shops, restaurants and coffee houses that Frankford Ave and Fishtown have to offer and blocks to the Piazza and Northern Liberties. Unit #1 is a 3 bed, 2.5 bath bi-level unit with two outdoor patios that is rented for $1800/month and the lease expires 5/27/24. Unit #2 is a 2 bed, 2 bath unit with a deck that is rented for $1475 and the lease expires 7/27/24 . Unit #3 is a 2 bed, 2 bath unit with private access to the full length roof deck with amazing skyline views that is rented for $1775/month and the lease expires 7/28/24. This 6-year young building offers plenty of options: buy and hold it as a rental building with strong cash flow, buy and occupy one of the units and rent the other two units or convert the building to three condos and sell them individually. All of the units have bamboo floors, high ceilings, outdoor space, recessed lighting, intercoms and tons of natural light. There are around 4 years remaining on the tax abatement. The City of Philadelphia has completed a real estate tax reassessment, effective January 1, 2023. If you have any questions or concerns about the impact of this reassessment on future real estate taxes, please contact the City of Philadelphia. Compass RE is not involved in the City of Philadelphia’s tax reassessment and does not have any input or control in the results.
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning RM1
Rooms
Basement Fully Finished, Heated, Outside Entrance, Sump Pump, Walkout Level, Windows
Interior
Interior Features Floor Plan - Open, Intercom, Primary Bath(s), Recessed Lighting, Sprinkler System, Tub Shower, Wood Floors
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Hardwood
Equipment Dishwasher, Disposal, Dryer, Intercom, Microwave, Oven/Range - Gas, Refrigerator, Washer, Water Heater
Appliance Dishwasher, Disposal, Dryer, Intercom, Microwave, Oven/Range - Gas, Refrigerator, Washer, Water Heater
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
View City
Roof Type Fiberglass
Accessibility None
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 141057900
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Brandon Ribeiro • Compass RE
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Marc DiFrancesco
Real Estate Advisor & Licensed Agent | License ID: 2183327
Real Estate Advisor & Licensed Agent License ID: 2183327