Philadelphia, PA 19124,1716 BRIDGE ST
See all 15 photos
Philadelphia, PA 19124,1716 BRIDGE ST
Philadelphia, PA 19124,1716 BRIDGE ST
Philadelphia, PA 19124,1716 BRIDGE ST
Philadelphia, PA 19124,1716 BRIDGE ST

$175,000

Est. payment /mo

$175,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1716 BRIDGE ST Philadelphia, PA 19124

1,408 SqFt

SOLD DATE : 12/16/2024

Key Details

Sold Price $175,000

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,408 sqft

Price per Sqft $124

Subdivision Frankford

MLS Listing ID PAPH2383150

Style AirLite

Year Built 1920

Annual Tax Amount $2,802

Tax Year 2023

Lot Size 309 Sqft

Property Description

BACK ON THE MARKET! The buyer could not obtain financing so you have another chance at starting your real estate investment career with a CASH COW multi-unit investment property in the Frankford section of Philadelphia. 12% cap rate!! Being sold 25k below the assessed value! Zoned as a duplex. Current owner made significant improvements including new kitchens, upgraded bathrooms, new flooring and much more. Potential gross monthly income is approximately $3500 by renting rooms individually. Currently, there are two rooms for rent on the first floor and three rooms for rent on the second floor. It can also be converted back to a duplex if the new owner so desires. Or the new owner could live on the first floor and rent out the three rooms on the second floor. New construction starting in the area only a few blocks away. If you want to quit your J.O.B., this property will yield a high rate of return. The seller is a licensed realtor and is highly motivated to sell. Cash deals preferred. Property being sold AS IS.

Location

State PA

County Philadelphia

Area 19124 (19124)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Hot Water, Radiator

Cooling Window Unit(s)

Flooring Vinyl

Exterior

Utilities Available Water Available, Natural Gas Available, Electric Available

Water Access N

Roof Type Flat

Building

Foundation Other, Brick/Mortar, Block, Stone

Sewer Public Sewer

Water Public

Structure Type Dry Wall

New Construction N

Schools

School District The School District Of Philadelphia

Others

Acceptable Financing Cash, Conventional, FHA 203(k), FHA, FHA 203(b), Other

Listing Terms Cash, Conventional, FHA 203(k), FHA, FHA 203(b), Other

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Bright MLS (BMLS)
Listed by Leslie A Margolies • Long & Foster Real Estate, Inc.
Bought with nabila baba alaoui-jackson • Keller Williams Main Line

Jason Gareau

Broker

+1(609) 929-4486

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.