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615 N 32ND ST, PHILADELPHIA, PA 19104 (MLS # PAPH2144946)

Price $459,900
Status Active
Beds n/a
Baths 0 Bath
Home size 3,045 sqft
Lot Size 1,743 sqft
Days on Market 66
Attention Investors!! Don't wait! 2015 renovated legal Triplex in the Mantua/University City area; just blocks from UPenn, Drexel, the Zoo, Mann Music Center and Art Museum and easy to get to/from with I76, Vine Street Expwy and MLK Drive immediately contiguous while public transportation is just steps away. While you're here, go a mere four doors down the street and see its "sister property" at 623 N 32nd St, also for sale with virtually the same attributes including: unit layout, color scheme, kitchen amenities, appliances, granite countertops, hardwood floors, etc. Each of these awesome properties have 3 x 2bd/1bath units. All totally renovated from the studs out in 2015 including all new electrical, HWH, HVAC, appliances, Fire Alarm system (recent inspection), etc; keep your maintenance costs at a minimum! All utilities separately metered and paid by the tenants except water which currently runs approx $50/mo. Common area Washer/Dryer in basement. Buyers' Agents responsibility to confirm real estate taxes in light of latest assessment.Units currently under rented at $1,000/month; the difference available to significantly impact future cap rate. Current area rents should be $1200-1250/mo. Cap rate assumes projected $1200/mo gross rents and $11,083 of annual expenses and assuming 2022 real estate tax expenseBoth properties are rented except for unit left vacant for showings with mostly M2M tenants. Current tenants have expressed an interest to stay.
Property Type(s): Multi Family
Last Updated 10/1/2022 Year Built 1935
Community PHILADELPHIA County PHILADELPHIA

SCHOOLS

School District THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Details

AIR Central A/C
AIR CONDITIONING Yes
AREA PHILADELPHIA
BASEMENT Walkout Stairs, Yes
CONSTRUCTION Masonry
HEAT Forced Air
HOA DUES None
INTERIOR Floor Plan - Open, Wood Floors
LOT 1742 sq ft
LOT DIMENSIONS 17.00 x 105.00
SEWER Public Sewer
STYLE Interior Row/Townhouse, Straight Thru
TAXES 12722.00
WATER Public
ZONING RM1

Location

 

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Listing provided by Bainbridge Realty LLC
BrightMLS

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which The Condo Shop participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than The Condo Shop are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
2022 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 12/5/22 7:08 PM PST

This IDX solution is (c) Diverse Solutions 2022.

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