$450,000
$497,000
9.5%For more information regarding the value of a property, please contact us for a free consultation.
435 S 51ST ST Philadelphia, PA 19143
3,180 SqFt
Key Details
Sold Price $450,000
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,180 sqft
Price per Sqft $141
Subdivision University City
MLS Listing ID PAPH2057546
Style Straight Thru
Year Built 1925
Annual Tax Amount $4,132
Tax Year 2021
Lot Size 2,000 Sqft
Property Description
Parkview! Amazing 4 unit twin facing the park is the perfect addition to your rental portfolio! The ROI is great as-is, but there is even more upside potential with smart building improvements and as the neighborhood continues to grow. 1st fl front unit is a 1 bedroom bi-level, recently updated, with lower level areas. 1R is also a 1 bedroom unit, recently updated, with direct access to the yard space. Unit 2 is a full floor, railroad style, 2 bedroom unit with great light and park views out of the front windows. Top floor unit is a large 2 bedroom space with a great long term tenant. All utilities are fully separated and separately metered. The building operates at a fantastic cap rate of over 7, even when factoring in all operating expenses. Great location close to Baltimore ave, public transportation options, area Universities. It just makes sense. Buy today, collect rents tomorrow, congratulate yourself on a wise investment every day after.
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RSA3
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s)
Exterior
Water Access N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Special Listing Condition Standard
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Bought with Jesse A Barnes • RE/MAX Affiliates