NOT LISTED FOR SALE
-- Bed
-- Bath
5,066 Sq Ft
4,800 Sq Ft Lot

Last Sold September 05, 2012

Last sale price $193,000 $38 Per Sq Ft

162 Days on Market

Highlights

  • 0.11 Acre Lot
  • 2-minute walk to Baltimore Avenue And 50Th Street
  • Heating Available
  • No HOA
  • En-Suite Primary Bedroom
  • 3-minute walk to Cedar Park

About This Home

As of September 2012

Calling all Investors! This unique property is awaiting it's next owner to captialize on the income this property produces. The cap rate is projected at 20 percent with gross annual income of over 50,000! There are three buildings with a total of seven units combined into the entire property. The property includes one 2 bedroom, four 1 bedrooms and two effeciencies. All utilities are seperated and owner pays public lighting and water/sewer. Updates include all newer windows, newer hot water heaters and a newer roof on one of the buildings. The home is need of some cosmestic touch up but in overall solid condition. The owner is highly motivated! 48 Hour notice needed for showings. Schedule your showing today

Last Agent to Sell the Property

Jibri Bond

Peters Gordon Realty Inc License #RM422788 Listed on: 10/18/2011

Last Buyer's Agent

Sean Dundon

KW Empower License #RS293471

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,241

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 40x120

Parking

  • On-Street Parking

Home Design

  • Stucco

Interior Spaces

  • En-Suite Primary Bedroom
  • 5,066 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number 881155106

Community Details

Overview

  • No Home Owners Association
  • Philadelphia Subdivision

Building Details

  • Electric Expense $1,300
  • Insurance Expense $1,500
  • Maintenance Expense $650
  • Other Expense $150
  • Operating Expense $8,241

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,241

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 150.00
  • Remarks Public: Calling all Investors! This unique property is awaiting it's next owner to captialize on the income this property produces. The cap rate is projected at 20 percent with gross annual income of over 50,000! There are three buildings with a total of seven units combined into the entire property. The property includes one 2 bedroom, four 1 bedrooms and two effeciencies. All utilities are seperated and owner pays public lighting and water/sewer. Updates include all newer windows, newer hot water heaters and a newer roof on one of the buildings. The home is need of some cosmestic touch up but in overall solid condition. The owner is highly motivated! 48 Hour notice needed for showings. Schedule your showing today
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 5066
  • Living Area Sq Ft: 5066
  • Price Per Sq Ft: 41.45
  • Above Grade Finished Sq Ft: 5066
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5024-26

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stucco
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • 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

  • Central Air Conditioning: No
  • Electric Expense: 1300.00
  • Heating Fuel: Electric
  • Heating Type: Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 2400.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108

Lot Info

  • Improvement Assessed Value: 21601.00
  • Land Assessed Value: 3071.00
  • Land Use Code: CA0
  • Lot Size Acres: 0.11
  • Lot Dimensions: 40X120
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4800.00
  • Zoning: C2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 51000.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6,Unit 7

Tax Info

  • Assessor Parcel Number: 1248174
  • Tax Annual Amount: 2241.00
  • Assessor Parcel Number: 881155106
  • Tax Lot: 113
  • Tax Year: 2011
  • Close Date: 09/05/2012

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

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 Change Sq Ft Price
09/05/2012 09/05/12 Sold $193,000 -8.1% $38 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
10/18/2011 10/18/11 For Sale $210,000 -- $41 / 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: 1004548742

Bright MLS

APN: 88-1155106