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Philadelphia,PA 19141
Key Details
Property Type Single Family Home, Townhouse
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,024 sqft
Price per Sqft $79
Subdivision Fern Rock
MLS Listing ID PAPH2417396
Style Colonial
Bedrooms 6
Full Baths 2
HOA Y/N N
Abv Grd Liv Area 3,024
Originating Board BRIGHT
Year Built 1940
Tax Year 2024
Lot Size 3,052 Sqft
Acres 0.07
Lot Dimensions 76.00 x 110.00
Property Description
Investment Property with Reliable Income! Huge 6 bed 2 full bath home with a basement, fully occupied, on a large corner lot. Oversized porch, fireplace and big bedrooms upstairs. Updated 200 amp electric, gas water heater, radiator oil heat. The property is currently leased to a professional property management company that manages over 20 properties. They guarantee a monthly rental income of $1,800 ($21,600 annually) and handle all utilities, maintenance, and repairs, with the landlord covering material costs only, as necessary. The management company also oversees subleasing, offering the owner a dependable, hands-off income stream. Property is being sold in as-is condition and Buyer is responsible for all municipal certifications. This property can also be purchased as part of a 3 property portfolio package including 3539 N Marvine St, Philadelphia and 5129 N 10th St, Philadelphia which is producing a combined $69,600 annually. The asking price for all 3 properties is $600,000.
Location
State PA
County Philadelphia
Area 19141 (19141)
Zoning RSA3
Rooms
Other Rooms Living Room,Dining Room,Bedroom 2,Bedroom 3,Bedroom 4,Kitchen,Bedroom 1,Laundry,Storage Room,Half Bath
Basement Partial
Main Level Bedrooms 2
Interior
Interior Features Kitchen - Eat-In
Hot Water Electric
Heating Radiant
Cooling Wall Unit
Flooring Wood
Fireplace N
Heat Source Oil
Laundry Lower Floor,Basement
Exterior
Exterior Feature Wrap Around,Enclosed,Porch(es)
Fence Other
Utilities Available Cable TV
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Porch Wrap Around,Enclosed,Porch(es)
Parking Type On Street
Garage N
Building
Lot Description Corner,Front Yard,Rear Yard,SideYard(s)
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 2
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Senior Community No
Tax ID 493022900
Ownership Fee Simple
SqFt Source Assessor
Security Features Security System
Special Listing Condition Standard