NOT LISTED FOR SALE
-- Bed
-- Bath
3,376 Sq Ft
1,955 Sq Ft Lot

Last Sold September 03, 2014

Last sale price $410,000 $121 Per Sq Ft

Highlights

  • No HOA
  • 3-minute walk to Lancaster Avenue And Spring Garden Street
  • 4-minute walk to Saunders Park
  • Forced Air Heating System

About This Home

As of September 2014

Great 3-story, 6 unit investment property located in the growing West Powelton Village area! The property is on the corner of 40th and Baring Streets. This building features 5 one bedroom apartments and 1 studio apartment with hardwood floors in the living areas and tile floor in the kitchens and bathrooms. Landlord pays heat and hot water. Great location: close to Drexel University, Drexel Vidas Athletic Complex, University of Penn and Penn Medical Center. There is new construction all around! This property is also a short distance from many restaurants and shops on Lancaster Avenue and Market Street and it is located within the Drexel University Home Purchase Assistance Program Area!. Property part of a 5-building, 19 apartment investment portfolio. Properties are well positioned in marketplace. Gross annual rents for package: $197,100. Asking price for package: $1.6MM. See MLS #s: 6314405, 6314428, 6314450, 6314458, 6314476 for more information.

Last Agent to Sell the Property

Christos Tzimoulis

(484) 437-3126 chris@newagerealtygroup.com New Age Realty Group Inc License #RM423707 Listed on: 12/05/2013

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,952

Lot Details

  • 1,955 Sq Ft Lot
  • Lot Dimensions are 27x74

Parking

  • On-Street Parking

Home Design

  • Stucco

Interior Spaces

  • 3,376 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 303
  • Assessor Parcel Number 241249000

Community Details

Overview

  • No Home Owners Association

Building Details

  • Electric Expense $300
  • Operating Expense $9,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,952

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Row/Townhouse
  • Ownership: Fee Simple
  • Exclusions: Master Lock System; Tenant's Personal Property
  • Inclusions: 6 Refrigerators
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Entry Location: Common
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3376
  • Living Area Sq Ft: 3376
  • Price Per Sq Ft: 121.45
  • Above Grade Finished Sq Ft: 3376
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Street
  • Type Of Parking: On Street

Utilities

  • Annual Heating Expense: 5200.00
  • Central Air Conditioning: No
  • Electric Expense: 300.00
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 1188.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 200361.00
  • Land Assessed Value: 19939.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 27X74
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1955.00
  • Zoning: RM-1

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 49920.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Tax Info

  • Assessor Parcel Number: 1027315
  • Tax Annual Amount: 2952.00
  • Assessor Parcel Number: 241249000
  • Tax Lot: 303
  • Tax Year: 2014

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2014 09/03/14 Sold $410,000 -2.4% $121 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
12/05/2013 12/05/13 For Sale $420,000 -- $124 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003665662

Bright MLS

APN: 24-1-2490-00