$33,000
$38,200
13.6%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
840 SqFt
SOLD DATE : 03/13/2017
Key Details
Sold Price $33,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 840 sqft
Price per Sqft $39
Subdivision Nicetown
MLS Listing ID 1000426645
Sold Date 03/13/17
Style Straight Thru
Bedrooms 2
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 840
Originating Board TREND
Year Built 1950
Annual Tax Amount $414
Tax Year 2017
Lot Size 1,106 Sqft
Acres 0.03
Lot Dimensions 21X53
Property Description
Semi detached twin home. Kitchen and bath were installed approx. 2012, also carpet and all new sheet rock on 1st fl in 2012 and whole interior painted in 2012 but could use some touch up now. Carpet just professionally shampooed Jan-2016. Front door with awning and also side door to fenced yard area. Ceramic tile floor in kitchen and bath with shower on tub, shower curtain and pedestal sink. Ceiling fans in livrm, kitchen and bedrm, About half the windows have been replaced, roof recoated Mar-2016 w/2yr guarantee. Gas hot air heat. Newer 100a service. Fenced in side/rear yard(nice for dog run)No need to go outside, just open the kitchen door to the fenced area. Convenient to shopping and transportation at the corner or can also walk to catch subway or Wayne Junction Train Station. Long term owner is licensed agent. Good investment property. Last rent was $710 and the Return On Investment to an Investor works out to approx. 51% ROI based on 80% financing scenario at 5% interest approx. and using a 25% tax filing bracket. (Note: Just rented on month to mo basis starting Apr-2016 and tenant is aware property is for sale and would prefer to continuing renting) Prior rent was $710 but reduced to new tenant to $695 so that I have tenant cooperation to allow Investor buyers to look at the property whenever requested etc. Great money return to any Investor...rent can be higher. Owner is licensed agent and will meet all appointment request at the property.
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning RSA5
Rooms
Other Rooms Living Room, Dining Room, Primary Bedroom, Kitchen, Family Room, Bedroom 1
Basement Partial, Unfinished
Interior
Interior Features Ceiling Fan(s), Kitchen - Eat-In
Hot Water Natural Gas
Heating Forced Air
Cooling None
Flooring Fully Carpeted
Equipment Built-In Range
Fireplace N
Appliance Built-In Range
Heat Source Natural Gas
Laundry None
Exterior
Fence Other
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Lot Description Level, Rear Yard, SideYard(s)
Story 2
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Level or Stories 2
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Senior Community No
Tax ID 132305300
Ownership Fee Simple
Acceptable Financing VA, FHA 203(b)
Listing Terms VA, FHA 203(b)
Financing VA,FHA 203(b)
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Bought with Justin V Reeves • Weichert Realtors-Whitemarsh*
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Broker-Owner | Lic# RM423246