UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,804 sqft
Price per Sqft $207
MLS Listing ID PAPH2444958
Style Dwelling with Rental
Abv Grd Liv Area 1,804
Year Built 1920
Annual Tax Amount $1,535
Tax Year 2024
Lot Size 1,232 Sqft
Acres 0.03
Lot Dimensions 16.00 x 77.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Property Highlights:
- Location: Situated on a high-traffic artery.
- Layout & Income: Features a first-floor barber shop currently rented for $1,350/month and a two-bedroom apartment rented month-to-month for $1,050/month. Both rents are below market rate.
- Inclusions: All barber shop equipment is included in the sale.
- Financials: Gross yearly rental income is $28,800 with an approximate 7% CAP rate. Expenses are limited to real estate taxes, insurance, and maintenance.
The listing price is excellent. Additionally, the seller is offering financing to a qualified buyer with a $100,000 down payment.
Please let me know if you would like to receive more details or schedule a viewing.
Location
State PA
County Philadelphia
Area 19139 (19139)
Zoning CMX1
Rooms
Basement Other
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Carpet, Ceramic Tile
Inclusions The Seller owns the Barber Shop equipment, and he includes them in the sale.
Fireplace N
Heat Source Electric
Exterior
Utilities Available Electric Available, Phone, Sewer Available, Water Available
Water Access N
Roof Type Asphalt
Accessibility Other
Garage N
Private Pool No
Building
Foundation Other
Above Ground Finished SqFt 1804
Sewer Public Sewer
Water Public
Architectural Style Dwelling with Rental
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 871569020
Ownership Fee Simple
SqFt Source 1804
Acceptable Financing Cash, Conventional, Private, VA, Other
Listing Terms Cash, Conventional, Private, VA, Other
Financing Cash,Conventional,Private,VA,Other
Special Listing Condition Standard
REALTOR® | OWNER | License ID: SP98375761
+1(202) 427-9689 | john@colemanresidential.com
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