Philadelphia, PA 19121,1223 N 25TH
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Philadelphia, PA 19121,1223 N 25TH
Philadelphia, PA 19121,1223 N 25TH
Philadelphia, PA 19121,1223 N 25TH
Philadelphia, PA 19121,1223 N 25TH

$650,000

Est. payment /mo

$739,000

12.0%
Est.Price: ?

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1223 N 25TH Philadelphia, PA 19121

3,300 SqFt

SOLD DATE : 12/20/2023

Key Details

Sold Price $650,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,300 sqft

Price per Sqft $196

MLS Listing ID PAPH2277032

Style Other

Year Built 2016

Annual Tax Amount $1,473

Tax Year 2023

Lot Size 1,072 Sqft

Property Description

1223 N 25th st is a very well maintained 3 unit Multi-family building with 5 years in Tax abatement, comprised of : Unit A: Rented for $1,605/Month , large bi-level 2bed/2bath: with an open layout living space, en-suite master bed/bath and a very large private bakyard.
Unit B: Rented for $1,315/M , 1bed/1bath with open floor plan and a private balcony.
Unit C: Currently vacant for owner occupant (estimated rent $1,900/M), 2bed/2bath, bi-level with open floor plan, 2 balconies, an en-suite master and a private large roof-deck. All 3 units are very large and well maintained.
This incredible, income-producing property is a newer built, low maintenance, surrounded by other new construction buildings and sits on a great and primce block in Brewerytown area, just one block away from college ave and all the restaurants on Girard ave and fairmount area. This investment is ready to provide years and years of steady revenue with potential for more rent increase and value appreciation. This building is currently set up as 3 separate condos which you can sell some and keep others if you wanted to. Act fast, priced to sell.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Exterior

Water Access N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Reda B Akbil • Compass RE
Bought with Reda B Akbil • Compass RE

Jason Gareau

Broker

+1(609) 929-4486

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