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Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,300 sqft
Price per Sqft $196
MLS Listing ID PAPH2277032
Sold Date 12/20/23
Style Other
Abv Grd Liv Area 3,300
Originating Board BRIGHT
Year Built 2016
Annual Tax Amount $1,473
Tax Year 2023
Lot Size 1,072 Sqft
Acres 0.02
Property Description
1223 N 25th st is a very well maintained 3 unit Multi-family building with 5 years in Tax abatement, comprised of : Unit A: Rented for $1,605/Month , large bi-level 2bed/2bath: with an open layout living space, en-suite master bed/bath and a very large private bakyard.
Unit B: Rented for $1,315/M , 1bed/1bath with open floor plan and a private balcony.
Unit C: Currently vacant for owner occupant (estimated rent $1,900/M), 2bed/2bath, bi-level with open floor plan, 2 balconies, an en-suite master and a private large roof-deck. All 3 units are very large and well maintained.
This incredible, income-producing property is a newer built, low maintenance, surrounded by other new construction buildings and sits on a great and primce block in Brewerytown area, just one block away from college ave and all the restaurants on Girard ave and fairmount area. This investment is ready to provide years and years of steady revenue with potential for more rent increase and value appreciation. This building is currently set up as 3 separate condos which you can sell some and keep others if you wanted to. Act fast, priced to sell.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Reda B Akbil • Compass RE
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Marc DiFrancesco
Real Estate Advisor & Licensed Agent | License ID: 2183327
Real Estate Advisor & Licensed Agent License ID: 2183327