$298,500
$315,000
5.2%For more information regarding the value of a property, please contact us for a free consultation.
2,528 SqFt
SOLD DATE : 11/04/2022
Key Details
Sold Price $298,500
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,528 sqft
Price per Sqft $118
Subdivision Balwynne Park
MLS Listing ID PAPH2135738
Sold Date 11/04/22
Style Colonial
Abv Grd Liv Area 1,828
Originating Board BRIGHT
Year Built 1958
Annual Tax Amount $1,924
Tax Year 2022
Lot Size 1,906 Sqft
Acres 0.04
Lot Dimensions 20.00 x 95.00
Property Description
Fantastic opportunity to own this fully occupied duplex in the desirable neighborhood of Balwynne Park. Buses into Center City right up the street (38 Bus) and a couple blocks away you can catch the 44 into Center City at City Avenue - walking distance . Desirable neighborhood close to hospitals, shopping, public transportation, St. Joe's University, Fairmount Park, West River Drive, Kelly Drive, Route 76 and Route 1. from City Avenue shopping (Target, Panera, Chipotle, etc.). 5 minute drive to Bala Cynwyd LA Fitness. Both first and second floor units are 2 bedroom, 1 bath. Each unit has it's own separate metering for electricity and natural gas. Both units are rented and tenants are on a month to month lease - 1st floor paying $950 per month and 2nd Floor paying $925 per month. Rents are below market so a rent increase is imminent, especially since other properties in the area are renting from $1200-$1400 per month. Separate washer and dryer and storage space (in basement). Plenty of street parking as well as 2 driveway parking spaces in the rear of the property. The basement has a living room, dining area, one bedroom, a bathroom and a kitchen and is fully finished with separately metered electric and a private entrance. The 1st and 2nd floor apartments have separately metered gas and electric. Property is a legally zoned Duplex. Brand new water heater for 2nd floor apartment. New roof installed 7/13/22 with 10 year transferrable warranty.
Location
State PA
County Philadelphia
Area 19131 (19131)
Zoning RM1
Rooms
Basement Fully Finished
Interior
Hot Water Natural Gas, Electric
Heating Forced Air
Cooling Ceiling Fan(s), Window Unit(s)
Flooring Fully Carpeted
Heat Source Natural Gas, Electric
Exterior
Exterior Feature Balcony
Garage Spaces 2.0
Water Access N
Roof Type Flat
Accessibility None
Porch Balcony
Total Parking Spaces 2
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
Structure Type Plaster Walls,Dry Wall
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 521385000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Michelle A Phillips • Compass RE
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Broker-Owner | Lic# RM423246